Why We Recommend Living Trusts For Our Clients
Effective estate plans should include a living trust, or revocable trust, agreement depending on the individual circumstances. This agreement, by definition, permits alterations while you are alive, but becomes irrevocable upon your death.
At TdD Attorneys at Law LLC in St. Louis, our lawyers understand the complexities involved with deciding how to divide your estate. Let our team help you develop a holistic estate plan that may include a will, a power of attorney, health care declaration and a living trust that allows you to maintain control of your assets.
Essential Benefits Of A Living Trust Agreement
A properly drafted living trust agreement can provide the following benefits:
- Avoidance of probate court: A living trust will spare your family members the pain and frustration of dividing your assets in court. Additionally, this provision allows the distribution of your assets to remain private.
- Estate taxes minimized or avoided: This benefit allows you to allocate your estate’s assets in a manner which takes the maximum advantage of estate tax exemptions.
- Substantial control over the distribution of assets: Allows you to maintain complete control over who receives your estate’s assets and how much they receive.
- Avoidance of court conservatorship: In the unfortunate event that you become disabled or incapacitated, this allows you to pre-appoint a trustee to manage your affairs. Without a trustee, your family could endure the expensive and frustrating process of working through probate court.
With our experienced attorneys in your corner, you can tailor your living trust to suit your unique needs. Additionally, our lawyers can advise you on optimal options to achieve goals such as contributing to a favorite charity or helping to secure care for your surviving special needs children.
Schedule A Consultation And Maintain Control Of Your Estate
Do not hesitate. Call TdD Attorneys at Law LLC in St. Louis today and attain peace of mind. Our efficient lawyers will advise you of your options during a consultation. Schedule one today by calling 314-527-3224. You can also contact us online.
TdD Attorneys at Law — Your Partner for Life