LIVING
TRUSTS








  
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Connor learning to navigate with dad

A last will and testament avoids probate. FALSE. If you have a will, your estate is automatically headed for probate court, and your estate could be tied up for years.

Joint ownership of assets with a spouse avoids probate. TRUE but, owning a property with a spouse simply delays probate until the death of the surviving spouse. It's possible that your spouse could remarry after your passing and place them on the property deed in joint tenancy. This means their new spouse could end up owning the property and leaving it to their family.  A trust would prevent this. 

Giving assets to children avoids probate. TRUE, but if your child is sued and loses a judgment to creditors or other lawsuit it could put the home and other assets at risk as being part of the judgment. 

Thinking about getting a trust online? A living trust is not like a hat; one size does not fit everyone. The online forms are generic and watered down to appeal to the masses. 

Found an attorney to make the trust "on the cheap"? I'd be wondering just how much time was spent on making my trust if it was made on the cheap. Was it actually typed in by an office assistant and quickly printed? Did the attorney actually review the document? The Trust Pros puts 6 hours into making your document. It is formulated by a Legal Document Assistant, reviewed by our in-house attorney, and delivered to your home and executed by a notary. The Trust Pros are the only company making house calls as part of their complete package. 
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