Many people mistakenly assume that the Revocable Living Trust is only for the very wealthy. However, in Arizona, a probate action is required whenever someone dies with more than $100,000 of equity in real estate or more than $75,000 in personal property. Anyone with assets titled in personal name valued higher than these amounts should consider the potential benefits of a Revocable Living Trust versus the costs of establishing one.
The best candidates for a Revocable Living Trust are:
Thomas J. Bouman