Offering Sound Guidance for Estate Planning Matters
Having a Revocable Living Trust in place can provide you with confidence and comfort knowing that you continue to be in in control of your affairs. A Revocable Living Trust is one which allows you to maintain absolute control of your assets. Contingencies such as your health failing are planned for.
A Revocable Trust is a great tool if you own multiple properties in multiple states. A Revocable Trust can eliminate the need for Probate in multiple states.
Relationships and circumstances will change and having the ability to amend a Trust allows you to change your Trust as needed. At Martin Law, PC, we understand the many reasons why Revocable Living Trusts are ideal and we can help you draft a Trust that fits your particular needs.
What Should A Revocable Trust Include?
A Revocable Living Trust should have the following features:
- Describes you as the Grantor, Trustee, and Beneficiary so that all decisions are made by you
- Lists and authorizes all future trustees who will handle your affairs upon your death or illness
- Allows you to manage your property while you are still alive
What Are The Benefits Of A Living Trust?
A living revocable trust offers numerous advantages for your estate planning. Our experienced revocable living trust lawyers in New York at Martin Law PC explain these benefits to you:
- Probate Avoidance: By establishing a living trust, you sidestep the complex and costly probate process. This ensures swift asset distribution according to your instructions, without court interference.
- Cost Savings: While creating a living trust may have initial expenses, it ultimately saves money by avoiding probate-related costs and potential legal challenges.
- Enhanced Privacy: Unlike wills, living trusts are private documents. Your estate details remain confidential, shielding them from public scrutiny.
- Incapacity Protection: Designating a successor trustee empowers them to manage your affairs if you become incapacitated, bypassing court intervention. The revocable nature of the trust lets you maintain control.
- Peace of Mind: A well-drafted living trust secures your assets' future, prevents accidental disinheritance, and safeguards loved ones with special needs. It provides clarity, certainty, and comfort to both you and your family.
At Martin Law PC, serving Dutchess, Westchester, and Putnam Counties, we offer a free consultation to help you understand the benefits of a living trust. Our experienced revocable trust attorneys are here to guide you through the process and ensure your estate plan aligns with your wishes. We even make house calls, making the process convenient and accessible. Contact us to secure your legacy effectively.
Looking for a Revocable Trust Lawyer in the Dutchess County?
With 30 years of experience in Estate Planning, our legal team can help you utilize this powerful and important tool. Building a good Estate Plan requires a knowledgeable lawyer who cares about your future. You can count on us for help. Call for a consultation today.
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We have more than 20 years of legal experience.
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