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Kiplinger
Kiplinger
Business
Charles A. Borek, JD, MBA, CPA

Revocable Living Trusts: The Good, the Bad and the Ugly

A man appears to be thinking while standing in his kitchen and holding a coffee cup.

The probate system is “almost universally corrupt,” extracts “unconscionable profits” and is controlled by “local party bosses” primarily for grift and political gain.

At least that’s how Norman Dacey depicted probate in his bestselling book How to Avoid Probate! Dacey was something of a gadfly in the financial planning world in the 1960s and ’70s (his follow-up book was What’s Wrong With Your Life Insurance).

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