A Living or Revocable Trust permits someone (yourself or a Successor) to handle your assets for you if you are unable to or you pass away, and to hopefully stay out of court.
This type of Trust can be revoked at any time while you are alive.
A Will only passes your property upon your death, and can be more costly, requiring court supervision, and all of your assets are entered in the public court record.
Most people who own more than $150,000 in assets or who own real estate should most likely have a Trust.
We are happy to assist with setting up your estate plan.
Law Office of Ian R. Greensides