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Looking to avoid probate? Want to provide for immediate transfer of your property after your passing? If you'd like to be the one who controls your property, instead of leaving it up to the courts, a Connecticut living trust just might be your answer.
Sometimes called a revocable living trust or an inter vivos trust, living trusts are established in order to hold ownership of one person's assets during his or her lifetime in order to easily distribute those assets after death. It is called a living trust because the technicalities are all arranged while you are still alive, instead of after you are incapacitated or dead, which happens with a will. Probably the best feature of a living trust is that it provides tax relief for married couples and their families.
While creating a living trust usually requires more initial paperwork and is generally more costly than creating a will, it is the best way to ensure your significant property is distributed to your beneficiaries as seamlessly as possible.
For more information about living trusts, check out LegalZoom's free, online legal library. If a Connecticut living trust sounds right for your estate planning needs, form one today by filling out our easy-to-follow online questionnaire. Let LegalZoom give you the confidence that comes with a future well planned.
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