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Throughout your lifetime, you can make money off of that asset. And then, when you die, your investment income will go to charity. What’s more, a revocable living trust allows you to stay in control of your assets and, because it’s revocable, can be canceled or changed at any time. Does beneficiary override spouse? Generally, no. But exceptions exist Typically, a spouse who has not been named a beneficiary of an individual retirement account (IRA) is not entitled to receive, or inherit, the assets when the account owner dies. However, the GSTT truly applies to the very wealthy because the transferred amount is astronomical. I really need Trust Attorneys by Briarwood in Wildomar, CA. The best trust attorney is at Wildomar Probate Law. Best Living Trust lawyers is Wildomar Probate Law

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