Connecticut Living Trust and Revocable Trust Lawyer
A Revocable Living Trust is effective during your lifetime and only you can change it. Upon your death, it become irrevocable and has the same effect as a Will without the need to go through the Probate process. Contact a Connecticut Revocable Living Trust Lawyer.
WITH A REVOCABLE LIVING TRUST
- You keep ownership and control of all your property
- You and only you can change the Trust
- You Maintain Your Privacy
- You Replace your standard Will: you name a successor trustee who does the same things an executor does under a will
- You do away with Probate Court Involvement, Control, and Costs
- Your heirs do not have to file a Final Accounting in Probate Court
- You reduce attorney's fees for Probate work
- Your heirs have immediate use of all assets without Probate interference or approval
- All of your assets are transferred to your heirs without Probate interference or approval
- Payment to certain creditors of your heirs can be prevented
- You do not need a Joint Bank Account (with an adult child)
- You do away with the need for your heirs to open an Executor's or Conservator's Bank Account
A Revocable Living Trust is an attractive alternative to a conventional Will. Probate is a public process. A Revocable Living Trust is a tool that allows you to maintain control and privacy, and insure that your last wishes are honored. It also allows you to keep control over the trust property during your life. After your death all property will be transferred to your heirs without the necessity of Probate.
At the law office of John M. Gasidlo, Esq., an experienced estate planning attorney will review your estate to determine whether a Revocable Living Trust is right for you. Contact our our Westport office to learn more about protecting your estate from probate.