A living trust is a written agreement between you as the client, as the maker of the trust and you as the client as the trustee of the trust or manager of the trust. And it's kind of like a will substitute, and I like to think of it as your own little, family company that you manage, and upon your death that family company continues on and avoids the probate process because you appoint a successor to take your place to manage the trust and distribute the assets according to your instructions. I'm Jeff Madson and I'm the founding and managing partner of Well Strategies Counsel. We help people preserve, protect and transfer their legacy to the next generation in the most cost saving and efficient manner possible.
