Revocable trusts offer many benefits, such as allowing someone to remain in control of their assets throughout their lifetime. Another benefit is having the ability to dissolve this trust if and whenever needed. Before getting started devising your revocable trust, we recommend meeting with our team at W.B. Moore Law. Our Timnath, CO revocable trust lawyer can talk with you about the advantages of having this document in your estate plan. For more information on how to protect your legacy throughout the duration of your life, contact our team now for support!
Revocable Trust Lawyer Timnath, CO
A revocable trust allows the trustor to alter its terms or revoke them entirely while they are still alive. After the trustor passes away, this trust gets distributed according to its instructions by the trustee. As our revocable trust attorney explains, this is a way to manage and control your assets while living and have those assets given to loved ones after your departure. Types of assets you may choose to place into your revocable trust include real property, investments, deposit accounts, business interests, life insurance policies, collectables, art, and antiques, among others. If you have questions about a revocable trust and whether it is right for you, reach out to our Timnath revocable trust lawyer at your next earliest convenience.
There are many benefits to having a revocable trust, such as being able to avoid probate, allowing greater flexibility, protection during incapacity, and asset privacy. Avoiding probate is a primary reason why people want to have a revocable trust. Probate is the process in which the handling of a decedent’s estate is overseen. Our revocable trust attorney knows this can be a time-consuming and tedious procedure. Assets that are placed in the revocable trust can often surpass this court-supervised process. There are other kinds of trusts that can be established, however, a revocable trust is a popular option due to how flexible it is. The trust creator can make changes to their trust until they have passed on.
Why Experience Matters For Revocable Trusts
Revocable trusts can offer numerous benefits, typically used as a way to safeguard assets and help family members or organizations that you care about. You can depend on our revocable trust attorney to guide you as your estate plan is being created because:
- Our clients would tell you that we really listened to their situation and explained everything in a way that was easy to understand.
- Attorney W.B. Moore knows family values and what you want to protect, with a wife of almost 50 years, his own children, and 15 grandchildren.
- We offer free initial consultations for those who want to learn more about how we can help with your revocable trust.
At W.B. Moore Law, we know that your family and future is your main priority. Let our Timnath revocable trust lawyer help you devise a revocable trust that meets all of your needs and wishes! We hope to hear from you today.