SOME OF THE BENEFITS OF A LIVING TRUST

A properly written and funded living trust can offer the following benefits:

  • Avoids probate at death, including multiple probates if you own property in other states.
  • Prevents court control of assets at incapacity.
  • Brings all of your assets together under one plan.
  • Provides maximum privacy.
  • Quicker distribution of assets to beneficiaries.
  • Assets can remain in trust until you want beneficiaries to inherit.
  • Can reduce or eliminate estate taxes.
  • Can be changed or cancelled at any time.
  • Difficult to contest.
  • Prevents court control of minors’ inheritances.
  • Can protect dependents with special needs.
  • Professional management with corporate trustee.
  • Provides peace of mind.