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The administration of trusts can get complex. Don't do it alone

You may have been flattered when your Palm Beach relative came to you asking if you would be an integral part of his or her estate plan. Now that he or she has passed away, you find yourself being appointed the successor trustee to his or her trust. You may be finding out too late that the administration of trusts can get complex and requires you to complete numerous duties, and now you are unsure how to proceed.

What benefits do revocable living trusts provide?

During the estate planning process, Palm Beach residents make numerous decisions regarding how to structure their plans. As part of the decision-making process, they may consider drafting and executing revocable living trusts to meet their goals. If you are one of those people, you may wonder what advantages this type of trust could provide you and your family.

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