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Revocable Trust Agreement Regarding Coin Collection Form

Revocable Trust Agreement Regarding Coin Collection Form

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want to talk about the biggest misconception I hear when people are referring to a revocable trust or a living trust or a revocable living trust and again those are three terms that mean the exact same thing [Applause] now the biggest misconception I hear with regard to revocable trust for living trusts is that they some people believe that they provide asset protection to the person creating the trust the answer is that is not true having your assets in a revocable trust will not help or hurt when it comes to creditor protection for example your homestead might be placed in a revocable trust in Florida and it will retain its Homestead quality because it's Homestead not because it's in a revocable trust meaning creditors can't touch it because it's Homestead Financial accounts that are in a revocable trust are attachable by creditors meaning credit It's Not Invisible it's not protected from your creditors should you go into debt because y

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