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Our Compassionate Lawyer Helps Sacramento Clients Navigate Living Trusts
What Is a Living Trust?
A living trust is a written legal document that partially substitutes for a will. With a living trust, your assets (your home, bank accounts, and stocks, for example) are put into the trust, administered for your benefit during your lifetime, and then transferred to your beneficiaries when you die.
Most people name themselves as the trustee in charge of managing their trust’s assets. This way, even though your assets have been put into the trust, you can remain in control of your assets during your lifetime. You can also name a successor trustee (a person or an institution) who will manage the trust’s assets if you ever become unable or unwilling to do so yourself.
Steve C. Benton is an experienced living trust attorney serving the Sacramento area. Should we work together, our team will help you make a list of your assets and determine whether a living trust fits your needs.
How It Benefits You
Whether you need a living trust depends entirely on you. Having one can avoid the lengthy probate process in which assets are distributed by an executor. While a will takes months or even years, a trust usually takes just weeks. It may also save money in the end because it will not be subject to probate court fees. Finally, it provides privacy. A will becomes public record upon your death, but a trust remains private. Should you decide this is the right choice for you and your family, our attorney can assist you in drawing it up, accounting for all assets and heirs, and appointing someone as your successor upon your death. We walk you through each step of the process to make it as easy as possible for you, including deciding who will take legal guardianship of any children should the need arise. Our goal is always to be available for communication. We answer your questions as quickly as possible.
Contact Us Today
Whether you need a lawyer to help you get your affairs in order or because you’re responsible for carrying out someone’s last wishes, Steve C. Benton, Attorney at Law would be proud to assist in Sacramento. Contact us at 916-256-2141.