Can a revocable trust organize assets for beneficiaries? | NC

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Q: Can a revocable trust help organize assets for a spouse or other beneficiaries? A: Yes. A revocable trust can put trust-owned assets under one written set of instructions during life, during incapacity, and after death. It can say who manages the assets, who receives them, what rights a surviving spouse has, and how later beneficiaries receive distributions. It can also name a successor…