Estate planning is not just for the wealthy; it is for everyone. It is simply the process of deciding where your assets should be distributed after your death. The plan is implemented through a will or revocable living trust. But for Christians, estate planning isn’t just a legal process; it is also an act of worship, as we lay everything we are and have before the Lord for His purposes.
For many people a revocable living trust is an excellent tool to implement their estate plan. Like a will, a trust makes provision for the transfer of your assets at death. Unlike a will, assets in the trust are not subject to the costs and delays of probate. During your lifetime, it remains completely under your control.