Living Trust

Avoid Probate Court with a Living Trust: Simplify Estate Planning

A living trust bypasses probate court, allowing assets to be distributed directly to beneficiaries. This efficient method saves time and reduces legal costs, ensuring your estate is handled according to your wishes.

A living trust helps distribute your assets and provide for beneficiaries while avoiding probate court. This method ensures greater privacy since trusts aren’t filed in probate court. Revocable living trusts also offer flexibility, allowing you to modify terms if your circumstances change.

Features and Benefits

Avoid Bank Delays

Ensure your assets are accessible to your beneficiaries with minimal disruption. A living trust allows a trustee to manage and distribute assets more quickly than a will, speeding up the process.

Protect Your Privacy

Keep your personal and financial matters private with a trust. Unlike wills, which become public record in probate court, a living trust maintains confidentiality.

Keep Family Out of Probate Court

Prevent your loved ones from facing the costs and delays associated with probate. A living trust helps avoid multi state probate if you own property in different states.

FREQUENTLY ASKED QUESTION

To provide you with the information you need quickly and easily.

  • What is a Living Trust?
    A living trust is a legal arrangement where assets are transferred into a trust during your lifetime, allowing for management and distribution without going through probate.
  • How Does a Living Trust Work?
    A living trust manages your assets during your lifetime and distributes them to your beneficiaries after your death, bypassing the probate process.
  • What Are the Benefits of a Living Trust?
    Benefits include avoiding probate, maintaining privacy, and ensuring quicker access to assets for your beneficiaries.
  • Living Trust vs. Will: What’s the Difference?
    A living trust avoids probate and maintains privacy, while a will must go through probate court, making it a public record.
  • Which Is Better: a Living Trust or a Will?
    A living trust offers privacy and avoids probate, while a will is often simpler and may be more suitable for straightforward estates.
  • When Should I Set Up a Living Trust?
    Consider setting up a living trust if you want quick distribution of assets, privacy, or professional management of your estate.

More Questions? We have answers.

Life insurance can be complicated. Luckily, we’re always here to help.