How to Manage a Revocable Trust

Manage a Revocable Trust | The Pollock Firm LLC

Back in May of 2022, I wrote a post explaining What is a Revocable Living Trust. In this post, I would like to focus on how to manage a Revocable Trust. (I will be using the term Revocable Trust and Living Trust to mean the same thing.) In understanding how to manage a Revocable Trust, […]

What is a Revocable Living Trust?

Revocable Living Trust | The Pollock Firm LLC

A Revocable Living Trust is a common estate planning document that is typically used as a substitute for having a Will. It provides a way to manage your assets while you are alive and after you pass away. The primary reason that many people choose to create a Revocable Living Trust is to avoid probate. […]

Nice Article on the Basics of ILITs

The Basics of ILITs

A colleague of mine, David Saltzman, has written a nice article on the Basics of Irrevocable Life Insurance Trusts.  As he points out, setting up a life insurance trust is a great way to minimize your estate tax liability and it can be especially important in New Jersey. Dave is a great resource and knows […]