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member) who make the decision on whether
you are disabled. Once that decisions is made,
the trustee powers transfer from you to your
successor trustee, and that successor trustee
can implement the rules that you've created.
Unlike the will-based estate plan, the
revocable living trust can create rules for
your regaining your competency.
In a will-based plan, you have to go to
court to prove your competency.
Unlike a will-based estate plan, with a
revocable living trust you can continue
to provide support to your loved ones.
In a will-based estate plan, the judge,
through a conservatorship proceeding,
can only decide to spend money for your
benefit. The court cannot use your
wealth to provide for commitments that
you have routinely made; like education
for your children or charitable
contributions to your church.
When is a Simple Will enough?
We do have an automated will-based solution,
which is for people that don't have significant
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