IS SETTING UP A REVOCABLE TRUST EXPENSIVE?
Not when compared to the costs of not setting up a revocable trust. The costs of a court-supervised guardianship in the event of incapacity and the costs of probate at the time of death would generally far exceed the costs of setting up a revocable trust. Revocable trusts could also save considerable expense to the children by protecting their inheritances after you die from loss through creditors’ claims or divorce.
