Living Trust Law

Living Trusts

What is a Living Trust?

A living trust is a written legal document, similar to a will, which allows a person to manage his or her assets and property and distribute them after he or she dies. Unlike a will, however, a living trust is not made public and it typically helps the owner of assets avoid probate.

In a living trust arrangement, the person creating the trust (called the "settlor") will put his or her assets such as property, bank accounts, stocks, etc., into that trust so that they can manage all assets during their lifetime. The trust will outline what is to happen with all assets once the trust owner dies. The trust will also name a trustee, or manager of the trust, to help distribute all assets to the named beneficiaries. The trustee may be a friend, relative, spouse, qualified professional or company, and their main job is to see to it that the living trust is executed properly after the settlor dies.

Living Trust Lawyers

Living trusts are complex legal documents that should be written carefully as they are not under court supervision. A living trust lawyer can help prepare your trust and will advise you on what is best for your particular situation. Will and Estate Planning lawyers can help you with all of your estate planning needs, including any issues or complications that arise with your living trust. A trustee may be able to take advantage of you or your beneficiaries might dispute your arrangements. A lawyer will help ensure your wishes are protected and your living trust is adhered to.

Lawyer Referral Service

Attorney Search Network can refer you to a Wills and Estate Planning lawyer with experience in Living Trusts. An attorney can help you prepare your trust, manage your trust, or deal with any issues that arise before or even after your death. We will connect you with a qualified lawyer in your area today to help with your living trust needs.

If you have any questions about the information provided above, please contact us. Call Attorney Search Network toll free at (800) 215-1190 or fill out out online form for your Living Trust lawyer referral.