Living Trusts

WHAT IS?

Living trusts are legal documents that allow you to transfer ownership of your assets to a trustee during your lifetime

BENEFITS

  • Avoiding probate: Probate can be a lengthy and costly process. By placing your assets in a living trust, you can avoid probate altogether, allowing your beneficiaries to access the assets more quickly and efficiently.
  • Estate planning: Living trusts can help you plan for your estate, ensuring that your assets are distributed according to your wishes after your death.
  • Asset protection: Living trusts can help protect your assets from creditors, lawsuits, and other potential threats.
  • Disability planning: If you become incapacitated, a living trust can grant your trustee the authority to manage your assets on your behalf.

TYPE OF LIVING TRUSTS

  • Revocable living trust: This type of trust allows you to change or revoke the terms of the trust at any time during your lifetime.
  • Irrevocable living trust: This type of trust is more permanent and cannot be changed or revoked once it is established.

HOW WE HELP

We assist you in the whole process, ensuring that everything is in order