What Exactly Is A Living Trust Attorney

Parklin Law

An attorney who focuses in living trusts, also known as inter vivos trusts, is referred to as a living trust attorney. A trust that is established while the creator is still alive is known as a living trust.

A living trust enables both the person who established the trust, known as the grantor, and the person who will benefit from it, known as the beneficiary, to avoid probate. A person’s estate is distributed through the probate process when they pass away.

Your loved ones may have to wait to get their inheritance during the protracted and expensive probate process. You can make sure that your assets are dispersed in accordance with your preferences by working with a living trust lawyer.

When establishing a living trust, a person is chosen to oversee the assets or property contained therein. The title of this person is trustee. In rare circumstances, you are permitted to act as your own living trust’s trustee and oversee the assets.

A living trust has numerous benefits, including:

• Avoiding probate when a will mentions specified items;
• The elimination of estate taxes and other expenses;
• Long-term property management establishment.

Living trust regulations differ from state to state. Your lawyer can give you advice on local laws and how a living trust can work in your favor.

Living Trust Attorney Free Consultation

If you have any questions or in need a Living Trust Attorney, we have the Best Attorneys in Utah. Please call this law firm for free consultation.

We help you with Living Trust, Estate Planning, Wills, Trusts, Power of Attorney, Health Care Directive, Estate Administration, Probate and More

Parklin Law — Estate Planning
5772 W 8030 S, # N206
West Jordan UT 84081
(801) 618–0699
https://www.parklinlaw.com/
https://parkin-law.business.site/
40.605070, -112.027530

Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.