We provide many services relating to Trusts including: Revocable and Irrevocable Trusts; Tax Planning; Transfers of property and other assets. The articles below are meant to give you a general sense of the kinds of services we provide. Please contact us so that we may be able to help you with your specific matter.
What You Should Know About Estate Planning With a Living Trust. In recent years, living trusts have grown increasingly popular as substitutes for wills in estate planning. They are sometimes called revocable trusts or inter-vivos trusts. Living Trusts can have several advantages over will, including avoiding probate, avoiding guardianship, maintaining liquidity, and keeping privacy.
Living Trusts 101. Living Trusts are becoming more and more popular-an AARP study says that almost a quarter of American aged 50 and over have one, almost double the percentage of 10 years ago. Nonetheless, there is still a lot of misinformation and confusion about them. Your lawyer is your best source of information on whether a living trust is right for you, but this article, the first in a series, tries to give you an overall picture of their advantages and disadvantages.