Plan Your Living Trust Now
Talk to a Fremont Estate Planning Lawyer
Similar to a
will, a trust gives you the power to decide how your assets are handled. The
main difference between a will and trust is that the latter is enacted
while you're still living. Living trusts can be classified as either
revocable or irrevocable. Deciding which trust is right for you can be
difficult, but Anthoor Law Group, APC can help. With a properly drafted
trust, you can retain control of your assets and the handling of your
estate if incapacity or death were to occur.
With a living trust, you can benefit from the following:
- Avoid excessive estate taxes
- Protect your assets
- Transfer assets outside of probate
While a valid will provides directions on how your assets are handled,
your estate may still be probated in the event of your death. When you
create a living trust, on the other hand,
any possessions held in the trust are not subjected to estate administration
by the probate court after the grantor (the creator of the trust), dies. You can also gain
substantial tax advantages, and protect details of any possessions in
your trust from the public filing process required in probate.
Probates vs. Living Trusts
With a living trust, you can ensure privacy and control of your estate
by avoiding probate.
A probate is not desirable because of the following reasons:
Cost - Under probate, you may be subjected to estate taxes, lawyer fees, and
Time - The process may take anywhere from six months to as long as two years to close
Lack of privacy - When your estate undergoes probate, the information and value of your
assets become public record
Choose to create your living trust with our experienced attorneys at Anthoor
Law Group, APC. We can help you outline an effect living trust so you
can adequately protect your estate.
Trust in Anthoor Law Group, APC
Anthoor Law Group, APC cares about you. We're dedicated to making your
life easier through our cost-effective and solution-oriented legal services.
As experienced Fremont estate planning attorneys, we understand how challenging
it can be to outline exactly how you want your assets to be divided. Be
certain your assets are handled the way you want when you call on our
experienced legal team.
to begin drafting your living trust.