Archive for January 8, 2019

A Revocable Living Trust Still Requires a Will

Minnesotans still need a Will even if they have a Revocable Living Trust.

The Will that accompanies a Revocable Living Trust is different, however, than a Will that is the sole testamentary document.

Typically, people think of Wills as saying “who gets what” of your assets.  When a Minnesotan has a Revocable Living Trust, it’s a chief task of the trust document to say “who gets what”. If more than one document described the distribution of all of the deceased’s assets, there would be confusion.

So what is the need for a Will when there’s a Revocable Living Trust? » Read more..