We're very proud of Carolyn Wood representing the Kotz Sangster team this month at the Swim Across America Motor City Mile open water swim! Carolyn joined more than 100 others in swimming the Detroit River at Belle Isle to raise awareness and funds for cancer research.
A Revocable Living Trust is an agreement that determines how a person’s property is to be managed and distributed during his or her lifetime and upon death. A “Trust” normally involves three parties: the Settlor or Grantor, the Trustee, and the Beneficiary.
Benefits to having a Revocable Living Trust include:
- Probate Avoidance
- Reduction of Estate Tax Planning
- Management of Distribution Planning
Having a “Trust” prepared is part of a comprehensive estate plan. For a complete overview, read more here.