Frankly, it comes down to this: Pay some now to set up a Trust… or pay more later to go through the cost, hassle and time-consuming process of Probate.
How is a Living Trust Different from a Will?
A living trust is similar to a will because it explains how your property should be distributed after death. Here’s where it’s different! Your assets are placed in trust during your lifetime, yet you remain in control of your assets for as long as you live.
With a living trust, the estate usually doesn’t have to go through the probate process, thus avoiding costly court fees and the significant time involved; often up to twelve months.
How to Choose Between a Living Trust and a Will?
I am happy to advise you on the various advantages and disadvantages of a living trust and handle the legal processes if you decide that it’s the right choice for you. Feel free to be in touch with your questions. And remember to print out the Consultation Certificate.
Read more about the Benefits of a Living Trust
Read more about the Realities of Probate