Not only does a Living Trust provide for the disposition of your property (like a Will), but it also offers the following benefits:
- Provides for the immediate transfer or trust management and distribution in the future of assets after death
- Allows for a smooth transition of management upon incapacity or death
- Avoids the expense and hassle of probate proceedings
- Minimizes estate taxes and defers payment of estate taxes for married couples
- Allows for continued control over assets after death or incapacity
- Provides security to you and your loved ones
- Protects your children’s inheritance from their own potential divorce
- Safeguards your estate for your kids if your surviving spouse remarries
- Offers flexibility