Revocable Trust

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Trust is a
legal entity in which you can place certain assets to accomplish specific
goals. There are many different types of trusts, each used for different
purpose. The following are some of the most common types of trusts:

Revocable
Trust – This is a trust that you can make changes to at any time, or even be
revoked the trust entirely. It is used for testamentary planning to avoid or
ease the process of probate.