Revocable Living Trusts: Joint v. Separate

Posted by Gregory Singleton | May 26, 2021 | 0 Comments

In today's video we explore revocable living trusts for married couples. Should you have a joint revocable living trust or separate revocable living trusts? In a joint trust, the spouses share a revocable living trust. Each is a trustee of the entire trust and thus owns all property in the trust. When spouses have separate revocable living trusts, the assets are divided into two trusts, one for each spouse. 

Both structures have different advantages and disadvantages. If you have questions about setting up a revocable living trust, be sure to contact Signature Law for a free consultation.

About the Author

Gregory Singleton

Trusted Legal Advisor Gregory Singleton is a skilled attorney, experienced in both litigation and transactional work. He has tried multi-million-dollar cases and has negotiated multi-billion dollar contracts. With Signature Law, his goal is to make the law accessible to you, your families, and y...

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