Does a Living Trust Benefit Me Now?
In addition to you retaining complete control over the assets you place into the trust, a living trust can also provide for your needs if you acquire a disability. Without a living trust or financial power of attorney, the probate court can control how your family cares for you. With a living trust, you can appoint a trustee – usually a family member or trusted friend – to administer your assets in case you become disabled. A living trust is revocable, meaning that you can easily amend the provisions or even cancel it entirely as your needs change. It’s one of the simplest, yet most powerful ways to ensure that those whom you love may control your assets when you no longer can. Learn more about the peace of mind that comes with a living trust. Discuss your needs in a consultation with one of our estate planning attorneys.