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What Is a Revocable vs Irrevocable Trust in Estate Planning
James Stibich
January 6, 2023
Did you know that probate can take a good 3 to 7% of an estate’s value? This is because the court proceedings are lengthily and therefore costly, thus reducing the amount your beneficiaries stand to inherit. Fortunately, there are ways to minimize this impact, such as utilizing a trust. A trust is a separate legal entity that