June 16, 2022
Revocable Trusts and Titling Accounts
Wealth in a Changing World, Fischer Stralem Advisors
Private Wealth Services attorney Monika Jain joined an episode of Fischer Stralem Advisors' Wealth in a Changing World series to talk about revocable trusts. During this two-part discussion, Ms. Jain explained the difference between revocable and irrevocable trusts as well as the three main benefits of having a revocable trust, especially for high-net-worth clients. She also covered why revocable trusts can be a more effective estate planning tool than a power of attorney, how revocable trusts are funded and how to handle the process of retitling assets.