Understanding the Revocable Trust

Sheehan Phinney attorney Michael Panebianco explains that how having a thoughtful estate plan in place ensures that your assets are managed and distributed according to your wishes and can reduce, or even eliminate, federal or state estate taxes. While a revocable trust can be the centerpiece of an overall estate plan, it is unlikely to accomplish everything desired. Knowing what it can and cannot do is critical to achieving goals.

Understanding the Revocable Trust