Advantages of a living trust

It's a smart way to avoid probate.

It's a smart way to avoid probate.

Keep more money in the family by avoiding potentially lengthy and expensive court proceedings.

Your personal and financial matters remain private.

Your personal and financial matters remain private.

The public doesn't get to see what you owned, who you owed, and who'll inherit your assets.

Your affairs get handled if you're incapacitated.

Your affairs get handled if you're incapacitated.

Avoid going to court by appointing a trustee to take charge of your finances according to your instructions.

It doesn't change your financial affairs

A living trust lets you do whatever you want with your money - buy and sell assets, open bank accounts and make investments just like you do now.

You can amend or change the trust any time, or even revoke it and pull your assets out. It remains on the shelf, ready to act if something happens to you or your spouse.

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Why it's so popular

You want to make sure your property goes to the right people, at the right time and at the least cost. A living trust can do all this. It helps you manage and distribute your property efficiently without court interference.

Is a living trust or will better for me?

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What most people ask

What is a living trust?
It's a legal document that states who you want to manage and distribute your property if you're unable to do so, and who receives it when you pass away. Once signed, you transfer ownership of your assets into the trust and you remain in complete control of your property. The trust property can be managed and distributed without going through the probate court.
Can I transfer property into and out of the trust while I'm alive?
Yes. If you have an individual trust, you can transfer property whenever you want. If you have a shared trust, you'll need your co-trustee's consent if you own the property together.
Do I still need a will if I have a living trust?
Yes, because you may not have transferred your property into your trust before you pass away. A LegalZoom Living Trust includes a pour over will. It transfers property still in your name alone when you pass away to the trust to be distributed to your beneficiaries. It also lets you name guardians for your minor children.
Aren't living trusts just for the wealthy?
Not at all. People of all income levels can set one up to manage their finances in case they become disabled, or to provide for loved ones without going through probate court, which may be required of relatively modest estates.
Will it remain legal if I move to another state?
Yes. A living trust is valid in all 50 states, no matter where it's created and signed. But if you buy property in your new state, you'want to transfer it into your trust.
Do I need a lawyer to prepare my living trust?
It's hard to say, as every person has specific needs. Our customers are often surprised at how easy it is to set up their living trust on their own. If your estate is large or complicated, or you have a child with special needs, you may want to ask an attorney for help.

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Create a Living Trust with LegalZoom

A living trust is an effective tool to gather your assets in one place, so your property can be distributed efficiently and privately after you're gone. The process of creating a living trust through LegalZoom begins by completing our simple online questionnaire. We then conduct a Peace of Mind Review™ of your living trust for completeness and consistency, and mail you your complete living trust package, including documents to manage your trust, all in a deluxe organizer. Rather than using generic living trust forms, you create a personalized revocable living trust with LegalZoom that includes a $50,000 Peace of Mind Guarantee. You can even speak to an independent attorn ey as part of a 30-day trial with the comprehensive package.  Start protecting your family today by setting up a living trust with LegalZoom. 

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