Friday July 30 , 2010
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Trusts

As an integral part of estate planning, a revocable living trust may be an important consideration. A living trust provides you with the ability to manage and distribute your assets at your discretion during your lifetime. These trusts are revocable-you retain complete control of your assets and may also alter or amend the trust at any time. One reason to consider creating a living trust is to avoid probate. Avoiding probate may make sense for those who are concerned about privacy, since probated assets are a matter of public record. At Corinthian Wealth Management, we will review your trust and if it is determined that your trust may need to be amended or restated, we will recommend that you consult with your estate planning attorney or one of our preferred affiliates. Finally for more advanced planning, a dynasty trust, special needs trust, charitable remainder trust or irrevocable life insurance trust may be part of your estate plan.