Answers to frequently asked questions about revocable living trusts

Scott Makuakane, JD, CFP
Est8Planning Counsel, LLLP
Honolulu, Hawaii
808-587-8227

In this 6 minute interview with Scott Makuakane, JD, CFP, member of the national ElderCare Matters Alliance, Hawaii chapter, you will learn answers to the following questions:

• What is a trust?
• What are the differences between a revocable and an irrevocable trust?
• What is the difference between a living trust and a testamentary trust, and why is it important for families to understand the different types of trusts when establishing estate plans?
• How would one benefit from using a trust in an estate plan?

If you would like to read Mr. Makuakane's article titled, Answers to frequently asked questions about revocable living trusts, visit the ElderCare Matters Library at ElderCareMatters.com/library.

And if you need help with your elder care matters, check us out online at ElderCareMatters.com – a resource to help families across America plan for and deal with the issues of aging.