Revocable trusts provide ongoing control over how assets are managed, even as life changes. They can help families avoid probate costs, maintain privacy, coordinate distributions across generations, and support incapacity planning. Properly structured trust provisions also allow smooth adjustments as circumstances evolve and goals shift over time.
A comprehensive plan connects retirement accounts, investment portfolios, real estate, and business interests under a single, coherent strategy. This alignment reduces gaps, ensures consistent beneficiary treatment, and supports orderly governance across generations.
Our firm offers thoughtful, practical estate planning with clear documents and durable results. We listen to your goals, explain options in plain language, and tailor plans that adapt to life changes while protecting your legacy.
Even after execution, life changes require updates. We provide periodic reviews to revise trusts, beneficiary designations, and related documents so your plan remains effective and aligned with your goals.
A revocable living trust is a flexible instrument you can modify or revoke during your lifetime. It holds your assets and designates a trustee to manage distributions for beneficiaries according to your instructions. The arrangement allows ongoing control while simplifying future transitions.
A pour-over will can work in tandem with a trust to capture assets not transferred during funding. This helps ensure comprehensive coordination and prevents unintended gaps in your plan. Wills also address asset transfers not suitable for the trust.
Most real estate, bank accounts, investments, and certain business interests should be funded into the trust. It is important to title assets correctly and update beneficiary designations so your plan can operate smoothly and avoid probate where possible.
Costs vary by complexity and asset type. A typical setup includes document drafting, initial funding guidance, and a review meeting. Transparent pricing and clear scopes help you budget effectively while ensuring your plan meets your goals.
A revocable trust does not provide creditor protection while you control the assets. It remains revocable and accessible. However, a well-structured plan may incorporate additional strategies for asset protection and tax planning under appropriate circumstances.
Life events like marriage, divorce, births, relocations, or changes in tax laws warrant a review. Regular check-ins with your attorney keep your plan current, resilient, and aligned with evolving goals and family dynamics.
A successor trustee can manage the trust assets and duties without court supervision. This arrangement preserves privacy, reduces disruption, and ensures that your financial affairs are handled according to your preferences when you cannot act.
Choose someone you trust with financial responsibility, such as a capable family member or a professional fiduciary. Consider alternates and the ability of the successor to manage complex assets, communicate with beneficiaries, and handle tax matters.
A revocable trust itself does not eliminate estate taxes. It can be part of a broader tax strategy that includes gifting and exemptions. A qualified planner can help you understand potential tax implications based on your situation.
Yes. The revocable nature of the trust allows you to modify beneficiaries, adjust distributions, and revise terms as family circumstances or goals change. Regular reviews help ensure the plan remains aligned with your wishes.
