Choosing a revocable living trust can reduce burdens on loved ones by avoiding probate and maintaining privacy. It provides control over when and how assets pass, allows for ongoing management during incapacity, and can streamline charitable giving and blended family arrangements. With careful funding and periodic reviews, the plan remains aligned with evolving goals.
A holistic plan aligns asset transfers, guardian appointments, and incapacity planning under a single framework. This reduces misalignment between documents, speeds up administration, and provides a clear roadmap for family members and trustees.
We bring a client-centered approach to estate planning, focusing on clear communication, transparent guidance, and practical results. Our team helps you translate goals into a durable plan that fits your family and finances while avoiding unnecessary complexity.
We schedule periodic reviews to reflect changes in your family, finances, and law. These updates help preserve the effectiveness and relevance of your revocable trust over time.
A revocable living trust is a flexible tool you create during life that can be altered or revoked. It holds assets and directs their management and distribution. You maintain control as the grantor, and the trust remains in effect even if your circumstances change. After death, the trust terms guide asset transfers to beneficiaries.
Revocable living trusts can avoid probate for assets held in the trust, but not all assets automatically escape probate. Assets owned outside the trust or jointly held properties may still pass through probate. Proper planning ensures more assets are funded into the trust to maximize probate avoidance.
Assets such as real estate, financial accounts, business interests, and valuable personal property can be placed in a revocable living trust. Real property and investment accounts typically require title transfers, while bank and brokerage accounts may be updated with beneficiary or trustee designations to align with the trust.
Yes. You can serve as the initial trustee, retain control over assets, and amend terms as needed. Many clients designate a successor trustee to take over upon incapacity or death, ensuring continuity of asset management and distributions without court supervision.
Funding the trust involves retitling assets, updating beneficiary designations, and transferring ownership. We guide you through steps for real estate, bank and investment accounts, and business interests to ensure assets are properly owned by the trust when you pass or become incapacitated.
A will directs asset distribution after death and may go through probate, while a revocable living trust manages assets during life and after death with privacy and potential probate avoidance. A combined approach often provides the most comprehensive protection for your family.
Reviews are recommended whenever there are significant life changes—marriage, birth, relocation, inheritance, or major asset acquisitions. Regular updating helps ensure beneficiary designations, trustees, and asset funding reflect your current goals and circumstances.
Revocable trusts do not usually provide tax advantages during life, since you retain control and income. However, they can impact estate taxes and planning strategies upon death. A qualified attorney can align the trust with your broader tax plan and future intentions.
Incapacity planning is integrated into the trust by designating a trusted successor to manage assets and healthcare decisions. A durable power of attorney and advance directives work together with the trust to ensure your preferences are followed when you cannot express them.
Costs vary with complexity, assets, and professional guidance. We provide clear, upfront fee education and transparent billing. A well-structured plan often reduces ongoing probate and administration costs, offering long-term value and peace of mind for you and your family.
