Much like a will, a living trust provides for distribution of your property according to your wishes. While you are alive and able to manage your affairs, you remain in control and have the power to change the trust at any time. Upon your incapacity or death, your trust provides a mechanism for handling your affairs, typically without the need for probate court proceedings.
Our standard estate plan is a comprehensive package that is structured around a revocable living trust, and also includes the following:
- Pour Over Will(s)
- Durable Power(s) of Attorney for Property and Finances
- Advance Health Care Directive(s) (including so-called “Living Will(s)”)
- Assistance with trust funding (i.e., transferring assets into your trust)
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