Ask Terry Questions Revocable Living Trusts

Revocable Living Trusts

By Terry Savage on January 24, 2024 | Wild Card

I went to a free seminar on living trusts at our local park district.
The presenters were selling the idea of Nevada as the place to establish your trust. On WGN, you said do it in your own state.
Why?

Terry Says

You must be confused. A Revocable Living Trust is an estate plan and it must be written by an estate planning attorney in your state of residence.
Watch this video to understand how they work:
https://www.terrysavage.com/wp-content/uploads/2022/10/Terry-Talks-Wills-Trusts-Estate-Planning.mp4

The con artists selling Nevada Trusts (allegedly to protect your assets) are selling a bunch of junk! I’m surprised that your local park district allowed them to do this!!

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