We can help you avoid Probate and expenses related to Probate by creating a Revocable Living Trust for you.
Avoidance of Probate is the most common reason voiced by individuals who utilize a Trust rather than a Will to disburse their assets at their death. However, there are other reasons why a Trust may be preferred to a Will; such as, privacy, no immediate family to inherit, out-of-state real estate, tax savings, minor or disabled beneficiaries. Trusts can be used by individuals or married couples. Although Trusts cost more to establish, at your death a Trust Administration can save you costs and fees.
Often times Trusts are established and funded prior to death to avoid the Probate procedure. The most common Trust, a Revocable Living Trust, is a Trust document that can be created to hold your assets while you are living and then transfer your asset upon your death. Even upon death your assets can stay in trust for your beneficiary’s health, education, maintenance and support. You can make provisions as to when your beneficiary receives your assets.
Although a trust may avoid probate, there are legal issues that need to be addressed. Contacting an attorney at death is recommended to ensure the right steps are taken in the administrative process.
Regardless of whether the decedent dies with a Will, a Trust, or intestate (without a Will), The Law Office of Jane L. Walker can help you through the process.
“My husband and I went to Jane Walker to have a Will drawn up. We were very pleased with her professionalism and knowledge. Jane explained the various options for beneficiaries and we utilized her expertise to decide which option best fit our needs. She spent time explaining health care directives also. We enjoyed her friendly and engaging personality which made us feel less stressed making difficult decisions. We would highly recommend Jane to provide these services to our friends and relatives.”
Have you ever been overwhelmed? On behalf of our whole family, thank you, Jane, for the way you helped all of our family through the planning of our FUTURE! Thanks to your many years of experience, we are now finding peace in what was uncertainty, and it also has brought our whole family together knowing what we have to work with. Thanks to your knowledge of what to do and where to turn in times of stress, we can look forward to knowing we have a plan for the future. Your personal concern for everyone is deeply appreciated.
– Minda 07/08/2016