Revocable Trusts

Probate is an unnecessary expense and delay in administering an estate.  A revocable trust funded with your assets is recommended to avoid costly court supervision of trust administration.  Probate can also be avoided by joint ownership, “in trust for” accounts, and designating beneficiaries.

If you own real estate in a state other than your home state, a revocable trust can eliminate the requirement to probate in that other state.  The more organized and consolidated you make your finances, combined with the use of a revocable trust, the more your Executor and heirs will thank you (and you will save them money and aggravation).

If you have any questions regarding revocable trusts, please contact Doris L. Martin, or visit our website.