You have heard the stories of a person’s estate being placed in probate and the nightmare that can follow. Especially, if family members cannot agree on how to settle the estate and dispute someone inheriting property from the deceased individual. You may have even experienced this yourself and do not want to put your family through the same stress after you pass away. When an estate enters probate, it can take months if not years for the estate to be settled. During this time, a large portion of the assets can be consumed by legal fees and risk the chance of the beneficiaries not inheriting most of your property. Fortunately, a Sacramento trust attorney can help you establish a living trust to ensure the right individuals inherit the property.
Advantages that a Trust Provides
- You can select who will be the successor of the trust and manage the assets for you.
- Any assets held in the trust will be managed by the successor and not enter probate.
- All your property will be transferred into the trust to prevent anyone from accessing the property aside from the trustee.
- You retain control over the trust while you are alive.
- The trustee can manage the trust if you should ever become incapacitated.
- Saves you money on unnecessary court costs and legal fees.
- The estate can be settled quickly after you pass away.
Protect Your Assets by Consulting with a Lawyer Today
If you are searching for a Sacramento trust attorney, you should turn to the Law Offices of Mitchell S. Ostwald. A well-established law firm that has offered their services since 1987 has built a reputation as a reliable and trusted legal office. They make it their primary focus to provide each client with the legal advice and services they require to protect their property and finances.
