Submitted by charpetty

 

Description: I've been learning about what is the best way to ensure that my financial resources pass easily to my children and grandchildren (I have no grandchildren yet) when that day comes.  I see where wills can sometimes slow down the transfer of resources. I have a sister who is going through that process which is very cumbersome. I saw a program that talked about Living Revocable Trust.  My largest financial asset, is my 403b and 401k savings held with TIAA Cref and another organization.  These resources have far greater value than my home. How do I include this in such a trust and what might be the benefits of such a trust?