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Are there any major disadvantages to a Loving Trust?

April 26, 2017disadvantages Loving Trust

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Are there any major disadvantages to a Loving Trust?

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No. Because you have complete control of all assets in your Loving Trust, you are free to manage your Trust in any way you want. Also, because your Loving Trust is revocable, you have the right to make any changes in it while you are alive and competent.