One of the biggest misconceptions when it comes to estate planning is that revocable living trusts are only for the rich and the elderly. Here is a link to a great article written by one of my WealthCounsel colleagues, Martha Hartney. In her article, Martha relates a horror story of what happened when a young man inherited money before he was able to handle it wisely.
It is worthwhile to learn the benefits of revocable living trusts and other estate planning tools. You can get a start on that process by clicking here. Knowledge is power, and this might be a good week to gather knowledge about estate planning.