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Living Trust for Husband and Wife with One Child Wisconsin Form

Living Trust for Husband and Wife with One Child Wisconsin Form

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Today's question is the following what is a revocable living trust in Wisconsin so this is a great question and one I see come up frequently in my estate planning practice here at my office so when I'm sitting down with clients I often say a good way to think about a revocable living trust is it's like setting up a company for your assets and personal affairs that will outlive you so if you think about a company like Walmart or Target or some other publicly traded company like Exxon Mobil or something that company has existed for decades and it will continue to exist if it keeps going in business beyond the current tenure of whoever is the CEO right now for instance Sam Walton started Walmart but Walmart is still going after Sam Walton's death Why? that's because a corporation like Walmart has in theory a perpetual life it can keep going as long as it's making money and staying in business the same with your revocable living trust you set

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