Why a Living Trust is a Better Option for You and Your Heirs. A living trust is an iron clad official document which takes the place of that which you think is your living will. There are many reasons why a living trust is a great option for a plan upon your demise such as the guarantee that your assets and whatever is included inside your estate will go to your selected heirs.
Why a living trust is safer:
Many people who think that they will misplace all control of their assets when they set up a living trust, but this is not factual at all. As you will name yourself as the authorized trustee of your account, you will not have to inform or confer with anyone concerning any and all dealings concerning your assets such as genuine estate properties, bank accounts, and other rudiments of the whole estate.
For as long as you are breathing, you will have complete power over whatever it is you own.
Why a living trust is better for your heirs:
A living trust facilitates major lowering of estate taxes that your heirs will otherwise have to disburse. It is also an improved way of transferring the possession of the assets as there will no longer be a probate which delays things.
Tax, Trust & Probate Attorneys, P.C.
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Newhall, CA 91321
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