While you are still alive, you can put your assets into a Living Trust Agreement. When you die, your assets are automatically transferred to your heirs without having to go through the time consuming and expensive probate court system. And, you can either add to the living trust, or revoke it entirely, any time you desire to do so.

Here are some advantages in using a living trust instead of using a will:

You avoid probate & and having to pay excessive legal fees

You avoid administrative expenses

You avoid unnecessary delays

Avoiding restrictions on bequests of property

You avoid publicity of probate matters

Management will not be interrupted by incapacity

You avoid having to worry about contested wills

There are, in some situations, savings on taxes

There is the assurance of uninterrupted income and more.

If you would like more information regarding asset protection, trusts, family limited partnerships or the subject of this article please call or email our office.