Understanding Living Trusts®

How You Can Avoid Probate, Save Taxes and More

Estate Planning > FAQ Topics > Living Trusts FAQs
 
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9. Do I lose control of the assets in my trust?

Absolutely not. You keep full control. As trustee of your trust, you can do anything you could do before -- buy/sell assets, change or even cancel your trust (that's why it's called a revocable living trust). You even file the same tax returns. Nothing changes but the names on the titles.

 

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