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Home | Wills & Living Trusts | Living Trusts

Living Trusts


1. Introduction to Living Trusts
Living trusts allow you to control who receives your assets after you die. However, there are many more reasons for creating a living trust. For instance, a living trust can help your beneficiaries avoid the expense and delay of probate normally associated with wills. Probate can last as long as three years and can take up to 10% of your estate's value. A living trust can also provide you with more privacy than a will because you don't have to register it with the courts in probate. Living trusts can help avoid certain estate taxes if prepared properly. Finally, a living trust allows you to hand over the management of your assets to someone else if you become incapacitated.

This Living Trust Education Center was created to answer most of your questions about living trusts and to familiarize you with what a living trust can do for you.

LegalZoom can assist you with forming a living trust. Simply answer a few questions online, and we will prepare your documents.

 
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