there are a number of benefits of a living trust, including:
- assets do not have to go through probate proceedings to pass to heirs
- trusts can be confidential, whereas wills must be publicized when they pass through probate
- individuals have maximum control over their estates
- living trusts can reduce or even prevent estate taxes in many situations
- trusts enable an individual to name a trustee who can make decisions about assets in the event of mental or physical incapacitation
- assets placed in trust can in many cases be protected from creditors and legal actions
- you can easily amend your provisions with a simple living trust amendment document
you can easily create a living trust or joint living trust for free at rocketlawyer.com
this article contains general legal information and does not contain legal advice. 2022世界杯32强抽签时间 is not a law firm or a substitute for an attorney or law firm. the law is complex and changes often. for legal advice, please ask a lawyer.
