A living trust is a written legal document that substitutes for a will. If you have a living trust, then your assets (your home, your property, bank accounts and stocks, etc…) are put into a trust, used for your benefit in the future. The living trust is transferred to your beneficiaries after you die. A living trust can help ensure that your assets and protected and in good hands.
Even if you become unable to manage or assemble your living trust, you may serve as its trustee or you may choose someone else to do so. At LegalDocs4U, we can explain to you the benefits of having a living trust (even if you become incapacitated), and why’s it’s helpful to have at your death. We can also explain to you who should be the trustee in the living trusts, how your assets are put into the living trust, if you need a will with a living trust, and so much more!