In my previous life as a practicing Estate Planning attorney, I would often joke with clients who brought me revocable trusts to review. My go-to quip was to ask the age and retirement date of their former planner.

Whether that got a laugh is debatable, but one thing this is certain. Revocable trusts have become increasingly popular in the last decade, largely due to one statutory phrase…“less restrictive alternatives to guardianship.”

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