Smart Planning 101 with Nicole Wipp

023 Revocable Living Trusts (Part 1) with Nicole Wipp

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How do revocable living trusts work? In this episode, host Nicole Wipp discusses what an "RLT" is and the importance of "funding your trust" - a commonly missed step.

You will learn:

  • What the primary purposes of revocable living trusts are
  • What a revocable living trust does NOT do for you
  • Common misunderstandings as to how this trust works
  • What trust funding is and why it is critically important

    • In Part 2, Nicole discusses some of the options you may want to consider with revocable living trusts - options that are frequently missed. Listen to that podcast here: 

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    Smart Planning 101 with Nicole WippBy Attorney, Entrepreneur, and Founder of Smart Planning 101, Nicole Wipp
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