Vivinavi

Inheritance through a Living Trust

Have you heard of living trusts （ living trusts ）?

In the United States, living trusts are frequently used in estates, the most typical being the Revocable Living Trust （ Revocable Living Trust ）. Establishing a Revocable Living Trust and making your estate a trust estate generally has the following advantages

（ 1 ） During your lifetime, you are free to own ・ and manage your property as you always have.
（ 2 ） You can appoint a person whom you trust as Successor Trustee （ Successor Trustee ） in advance, so that if you become unable to manage your property due to illness or old age, you can leave the property to that person.
（ 3 ） Upon death, the trust estate is not subject to probate （ court-supervised probate ） and can be distributed to the beneficiaries by the successor trustee or arranged to continue to be administered for the beneficiaries.

Estate planning with a living trust is the most adaptable plan because it can be prepared for a variety of situations.

Merritt Law Firm can assist you with estate planning and estate planning by creating a living trust that is carefully tailored to your unique situation. Please feel free to contact us for more information.