The Business Mentoring Center
The Business Mentoring Center

Corporate Cranium Mentor Articles

Five Reasons to Establish a Revocable Trust

By Stacey Edwards Jones | April 25, 2019

Plan for Disability. Unlike a Will, a Revocable Trust allows you to plan for incapacity. This can be especially useful for small business owners. A trust is an effective way to ensure that the grantor’s assets will be used for his or her benefit in the event he or she becomes incapable of managing his or her own affairs. Enjoy Flexibility. A Revocable Trust is a flexible instrument that can be changed as the grantor’s estate planning needs change. The grantor can freely add or remove property during his or...

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