Trusts in Estate Planning

Trusts in estate planning are one of the best options available.

A properly executed and funded trust will keep your assets out of the long and emotionally draining process of probate. Probate will take many months to years, and assets will not be available to your family immediately.

A trust means that your family gets your property almost immediately and without being in the public eye of probate. Yes, probate records, including the list of property, are public documents and anybody can view them.

A revocable trust means that you can take back the assets at any time before your death. You don’t need to worry about running out of funds, selling a home, or other transactions.

An irrevocable trust locks the assets away pretty firmly. These trusts have to be carefully crafted in order for you to be able to keep any control over the assets.