There are several reasons you may want a revocable trust. It may be to avoid probate, maintain confidentiality, to protect the money for a child, tax reasons or others. A revocable trust operates similarly to a Last Will and Testament but becomes effective during your lifetime. For example, you can nominate guardians for your children and trustees for assets that you would like to pass to them.
It is important that everyone have an estate plan that fits their needs. We would love the opportunity to discuss your needs and to assist you in planning for your and your family’s futures.
It is important that you choose an experienced and knowledgeable attorney to prepare your Estate Plan. Contact Hicks & Spector LLC to schedule a free initial consultation to discuss your Estate Plan.
Content contained on this site is for informational purposes only and should not be considered legal advice. You should consult an attorney of your choosing to discuss your particular case and to obtain legal advice specific to your situation.