Posts Tagged 'corporation'

By Lee R. Phillips

One of the most commonly “missed” properties that should be owned by your living revocable trust is your LLC or corporation.

One of the principal uses of a revocable living trust is to avoid probate.  However, the majority of people who get a living trust don’t avoid probate.  Their family takes everything through probate just like the people who have a simple will.

The problem is the attorneys and living trust advocates don’t teach you how to “use” the ...