Indianapolis living trust attorneys can assist clients with the creation of a living trust. A living trust, or revocable living trust as it is also called, is a trust you create during the course of your lifetime. There are some significant benefits associated with creating this kind of trust which makes it a popular tool in the estate planning process for many people. If you are thinking about how you can protect your assets as you get older or if you are interested in learning about trust … [Read more...]
Free Report: Should I Use a Revocable or Irrevocable Trust in Indiana?
The right of revocation is not the only way that you control this type of trust. If you create a revocable living trust, you are called the grantor of the trust in legal parlance. The trustee is the person or entity who administers the trust, and the beneficiary is the person who receives monetary distributions from the trust. As the grantor of a living trust, you can act as the trustee and the beneficiary while you are living, and most people do choose to assume these roles. Since you … [Read more...]
Attend a January Living Trust Seminar
You should understand the value of revocable living trusts when you are making estate planning decisions. These trusts can be a good choice for many people, even those who are not wealthy, but they are often overlooked.Let's look at some of the facts.Probate AvoidanceThe person who creates a revocable living trust would typically act as the trustee and the beneficiary initially. As a result, control is not surrendered, and the trust maker has the ability revoke the trust entirely.If you … [Read more...]
Why Would I Want a Revocable Living Trust?
Why Would I Want a Revocable Living Trust? from Paul Kraft Many people assume that they should use a last will to facilitate future asset transfers. A will can be sufficient for some people, but it is not your only option. Learn more about Revocable Living Trusts in Indiana in this presentation. … [Read more...]
