If you own a home... or you have assets worth at least $100,000... you owe it to yourself - and your family - to get the facts on living trusts. If you think you’re protected with a simple Will... think again... A Will guarantees that your estate will go through probate, which means that your family may not be able to take possession of your estate for many moths, or even years!
Plus, if your estate is over a certain amount, your family may owe estate taxes which could amount to 37-55% of the value of your estate. This means that your family may have to sell some assets just to pay the estate taxes!
A living trust avoids all this by avoiding probate and minimizing estate taxes. Plus, a living trust will protect your estate if you become incapacitated during your lifetime by avoiding a conservatorship. This means your estate will be managed as you see fit, not as a court-appointed guardian sees fit.
To find out more about the benefits of living trusts, contact us...