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Home | Wills & Estate Planning | Living Trust | Alabama Living Trust

Create an Alabama Living Trust

An Alabama living trust is the best way to ensure your most significant property is distributed quickly and easily after your passing. Why create a living trust if you already have a will? A living trust offers quite a few advantages, the biggest and most cost-saving of which is that it allows you, in most states, to avoid probate. Probate is a legal proceeding that the courts use to implement a will and can take anywhere from six months to three years to complete. Not only is time a factor when dealing with probate, frequently your heirs will need to hire a lawyer to get through the court proceedings.

Estate planning is the process of organizing your financial and personal interests so that your wishes are met with a minimum of inconvenience and expense to your family. Living trusts are a very useful planning tool. If prepared properly, they can help avoid certain estate taxes. Additionally, a living trust allows you to hand over management of your assets to someone else if you are unable to manage your assets yourself.

Interested in forming an Alabama living trust? For more information on this money-saving estate planning device, check out LegalZoom's free, online legal library. If a living trust sounds right for your estate planning needs, form one in Alabama today by filling out our easy-to-follow online questionnaire. Let LegalZoom give you the confidence that comes with a future well planned.