Living Trust in Essex County - Ensure Your Property is Properly Transferred
A living trust is a legal instrument that is used to ensure that your property is properly transferred to your family and other beneficiaries upon your passing. And while many people easily confuse trusts with a living traditional last will, a living trust is rarely subject to probate court - a potentially costly procedure that could take years and thousands in court and lawyer fees. Protecting Your Assets serves Essex County with a living trust or trusts.
If you have complex finances, or are the owner of a business in Essex County - or even have assets and property in two or more states - then a living trust is a legal tool you should give thought to. And just like your finances, it's advisable to have a professional help you in creating your living trust to ensure your wishes are completely and accurately carried out. Knowing your finances and assets will be divided and transferred exactly as you wish can give you much needed peace of mind during the time you need it most.
Living Trusts Help Heirs Avoid Probate Court
Living trusts are not a necessity for everybody. Depending on your marital and financial situation, it may be advisable to create a traditional will. Talking with a legal professional who understands the nuances and differences between wills and trusts can help you make the right decision for your particular situation.
Why might you need a living trust? A living trust can help you:
- Avoid the cost and delays of probate court
- Keep the details of your personal estate confidential
- Reduce certain estate taxes in some situations
With a living trust, your heirs can have access to what you've left them faster - avoiding any unnecessary delay of their inheritance.
Protecting Your Assets, LLC is Dedicated to the Protection of What Matters Most
Protecting Your Assets, LLC is an Essex County based firm that is dedicated to protecting the things that matter most: your family, your home and property, and your health needs in the future.
We can help. Contact us today to learn more about our services and how a living trust can help you.
