Trusts are an important facet in the estate plans of many Massachusetts residents. Trusts can be created to meet a variety of unique needs such as tax minimization, probate avoidance or creditor protection.
The most common type of trust used by our clients is the revocable trust. Also known as the "living trust," this estate planning tool allows assets to be added or subtracted over the years as needs and circumstances change.
Continue reading How revocable and irrevocable trusts could help your estate plan
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