A Simple Process
1
Meet by Zoom
We’ll review your family, assets and goals and discuss whether a Will-based or revocable-trust-based plan makes sense for you.
2
Review Your Documents
I’ll prepare your documents based on the decisions we discuss and send review the terms with you before signing.
3
Sign
We’ll complete the signing and discuss the next steps for coordinating appropriate assets with the trust.
What a Revocable Living Trust Does
A Revocable Living Trust is an estate-planning tool that can hold assets during your lifetime and provide instructions for their management and distribution. Whether a trust-based plan makes sense depends on your assets, family and planning goals.
Plan for Continuity
Choose who should manage trust assets if you are unable to do so yourself.
Create Distribution Instructions
Decide how and when beneficiaries should receive trust property.
Organize Your Estate Plan
When appropriately funded and coordinated with your other documents, a trust can provide a centralized structure for managing and distributing assets.
A Revocable Living Trust is different from an irrevocable Medicaid or asset-protection trust. POA Lawyer focuses on foundational revocable trust planning and refers specialized tax, Medicaid and asset-protection matters when appropriate.
Common
Questions
Does everyone need a Revocable Living Trust?
No. Some people are well served by a Will-based plan. The appropriate structure depends on your circumstances and goals.
Does a trust replace my Will?
A trust-based estate plan typically includes a Will as well. The documents serve different roles within the overall plan.
Is this the same as a Medicaid trust?
No. A standard revocable trust is different from an irrevocable trust used for Medicaid or asset-protection planning.