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Who Should Sign a Revocable Living Trust?
Persons meeting all of the following qualifications should consider establishing a revocable Living Trust:
Those who own any real estate, and
Those whose assets consist solely of bank accounts, stocks, bonds and other types of personal property, and the total value of such personal property is more than $100,000, and
Those who want to avoid probate in the event they ever become incapacitated, and when they die, and
Those who want to keep their affairs private and confidential, and
Those who agree that proper Funding (please see the following question) is an essential part of establishing and maintaining an effective estate plan.