Trusts

Benefits of Establishing a Living Trust

There are several benefits to setting up a living trust, such as:

Avoiding a conservatorship proceeding: Once you become incapacitated and no longer can manage your financial matters, then a successor trustee of your choice can manage the trust on your behalf. The successor trustee can make distributions to you or for your benefit.

Avoiding probate: If you transfer all the proper assets to the trust, it could result in a significant savings to your heirs and may avoid probate.

Significant tax savings: With our assistance, we can help you properly set up a trust that can keep you from paying a substantial amount of estate taxes.