For a variety of reasons, Revocable Living Trusts ("RLTs") are used less frequently in New Jersey than in other states as substitutes for a will. The purpose of this post is to link to the pros and cons of using Revocable Living Trusts (also sometimes called just "living trusts") in this state.
For the downsides of using a Revocable Living Trust in New Jersey, click here.
For the upside of using a Revocable Living Trust in New Jersey, click here.
As always, if you have any questions after reading, feel free to contact me.
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