Governance Standard
Properly retitling real estate and taxable brokerage assets into a Revocable Living Trust eliminates probate administration fees averaging 3% to 7% of gross estate value while protecting family privacy.
1. Revocable Living Trust vs. Will Probate
Probate is a public, court-supervised process. Trusts transfer legal ownership instantaneously upon death through successor trustee designations.
2. Generation-Skipping Transfer (GST) Tax & Dynasty Trusts
Dynasty trusts structured in perpetual jurisdictions (South Dakota, Nevada, Delaware) shelter multi-generational compounding from repeated estate tax events.