Revocable Trust

Revocable Trust agreements create an arrangement where the trustee holds legal title to property for the beneficiary.  A revocable trust is often referred to as a living trust or an inter vivos trust.  This trust works as a will does, except upon your death no court action is required to distribute your trust property, because the trust is not subject to guardianship or probate.  You are capable of being the trustee and the beneficiary of your own trust. This allows you to keep full control over all property held in the trust and change the trust anytime you want.

-          Trustee holds legal interest in the property and has the responsibility associated with property ownership. However, the trustee does not get any benefits of the ownership.

-          Beneficiary holds equitable title and enjoys the property held in the trust, such as cash, real estate, stocks and bonds as described in the trust agreement.  Additionally, the beneficiary receives the interest and dividends from the trust.

-          Guardianship is the legal process, which occurs when someone is unable to manage their property for a period of time.

-          Pour over will transfers your probate estate to your trust estate at your death.

CALL US TODAY AT 888-655-2923 OR FILL OUT THE FORM  ON THE LEFT TO BE CONTACTED AND HAVE YOUR QUESTIONS ANSWERED AT NO CHARGE.  DON’T DELAY. ACT TODAY.