Tim Breedlove | Law Firm Newswire

Fairfax, VA (Law Firm Newswire) August 7, 2014 – The late North Carolina basketball coach Dean Smith left $200 to each of approximately 180 players he had coached for years. The payments are not from his will, but rather from his revocable living trust. A revocable living trust is an estate planning tool that is used partly to maintain some level of privacy concerning the details of one’s estate. While wills are public documents, and thus available to anyone who wishes to search public records, trusts are private. Smith’s generosity was publicized because players uploaded photos of his letters and […]

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