Revocable Trust
A revocable trust, also known as a living trust, is a flexible estate planning tool that allows you to manage your assets during your lifetime and seamlessly transfer them to your beneficiaries after your passing—without the need for probate. Unlike a will, a revocable trust helps maintain privacy and control over your estate.
You may need a revocable trust if:
You want to avoid probate, which can be time-consuming and costly for your heirs.
You own real estate or significant assets and want to ensure a smooth transfer to your beneficiaries.
You want to retain control over your assets during your lifetime but plan for their distribution after your passing.
You wish to appoint a successor trustee to manage your estate if you become incapacitated.
You need flexibility—a revocable trust can be changed or revoked as your life circumstances change.
You want to ensure privacy, as trusts are not subject to public record like wills.
Hutcheson Law Firm can help you draft and structure a revocable trust that meets legal requirements, protects your assets, and ensures your estate is handled according to your wishes. With proper planning, a revocable trust provides peace of mind for you and financial security for your loved ones.