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- Consumer
Your Home in a Revocable Trust: Does it Make Sense?
Many people transfer their home into a revocable trust. After all that will avoid probate of the asset. While that may be beneficial there is a lot more to consider before taking that common estate planning step. This “plan” may trigger state estate or inheritance taxes, undermine asset protection, or have other negative consequences. Remember the adage: “Look before you leap.”
