A revocable living trust can help you control how assets are used, avoid probate, maintain privacy, and provide continuity if you become incapacitated. Because you can amend or revoke it at any time, it adapts to changing family circumstances, tax considerations, and long-term care plans.
Smoother asset transfers on death, reduced probate complexity, and better protection against guardianship challenges. A single plan also supports charitable giving, business succession, and multi-state real estate ownership, ensuring your legacy remains aligned with values and goals.
Choosing our firm means working with attorneys who understand local rules, multi-state planning, and practical strategies that fit your family’s needs. We listen carefully, explain options clearly, and deliver tailored documents that protect your interests while remaining easy to manage.
Continuity planning, trust amendments, and long-term oversight by trustees. We outline a practical sequence of actions and provide templates to simplify future updates.
A revocable living trust allows you to maintain control during life and change terms as circumstances evolve. It can help avoid probate and preserve privacy for your family. A well-drafted plan clarifies your wishes and helps your loved ones know what to expect.
Yes, revocable living trusts typically avoid probate for assets funded into the trust. Probate can be time-consuming and costly, and avoiding it helps privacy. To maximize benefits, ensure assets are properly titled in the name of the trust.
Fund assets by transferring title into the trust, updating beneficiary designations, and coordinating accounts with the trustee. Real estate, bank, and investment assets are common, while non-titled assets may require different planning to achieve probate avoidance.
Trustee choices should be trusted, capable, and willing to fulfill duties. Family members can serve, but many clients choose a professional trustee for complex estates. We help you weigh pros and cons and set clear expectations.
Yes. A revocable trust can be amended or revoked at any time while you are competent. We discuss practical steps to implement changes without disrupting ongoing asset management or beneficiary arrangements.
Timeline varies with complexity, but most straightforward setups take a few weeks. The process includes consultations, drafting, review, signing, and funding assets into the trust. We keep you informed at every stage.
Costs depend on complexity, asset count, and state requirements. We provide transparent pricing and a clear scope of work before beginning. Ongoing maintenance may incur modest annual updates.
Trusts primarily avoid probate; tax implications depend on structure and assets. A qualified attorney can guide you on strategies to minimize taxes and align planning with tax laws and personal goals.
Yes. Children can be named as beneficiaries, with safeguards such as trusts for minors or staged distributions. This helps manage expectations and protect assets if circumstances change.
Start with a consultation at Hatcher Legal, PLLC. We’ll discuss goals, collect information, and outline a tailored revocable living trust plan. Then we draft, review, sign, and fund your trust with clear guidance along the way.
