Revocable Trust Attorney
Lawyers have a cache of techniques to assist you in preparing a complete and organized estate plan. None of them, however, has gained as much attention in recent years as the Revocable Living Trust. The revocable living Trust, sometimes simply referred to as a “living trust,” or “inter vivos trust,” is a tool widely used by estate planning attorneys due to its flexibility and ease of use for clients.
Below are eight reasons a properly drafted living trust can be an exceptional estate planning tool:
A Living Trust can:
- Avoid probate for all of the assets transferred to and held by the trust.
- Allow the Trustee or Trustees to manage and maintain complete control over the assets of the Trust during their life or lives.
- Allow the Settlors to easily delegate the day-to-day operation of the Trust.
- Create a swift, flexible and efficient manner to distribute your assets after death.
- Protect against a possible conservatorships proceedings should you become incapacitated.
- Reduce the risk of a possible Will contest or dispute, and their enormous expense.
- Avoid or substantially reduce estate taxes.
- Protects the details of your estate and increases your privacy as a Trust, unlike a Will is not a public document.
These are just some of the reasons that a Living Trust can be the most important part of an estate plan.
Estate Planning lawyer
To learn more about estate planning please contact our office at or 248-773-5555 to set up a free consultation with an experienced attorney.
The attorney’s at Atlas Law, PLC are here to help. Our attorneys are experienced in helping individuals and families with estate planning and probate services. Our Detroit lawyers serve Metro Detroit and Ann Arbor, including Plymouth, Northville, Novi, Farmington, Farmington Hills and all of Oakland County.
About the Author: Aaron Shahan is the founder of Atlas Law, PLC. You can find him on Google+ Aaron dedicates his practice to virtually all aspects of estate planning, elder law and probate.