Fort Myers Revocable Living Trust Lawyers
A revocable living trust is a valuable estate planning tool for anyone considering future planning. It is also useful for those concerned about avoiding the lengthy and expensive probate process and tax consequences to their estate when they die.
There are many factors to consider prior to setting up a revocable living trust. At O'Halloran & O'Halloran, we can help you get the tools that are just right for your estate planning job. We are a Fort Myers family law, estate planning and probate law firm. We handle a comprehensive range of issues, including Medicaid eligibility and planning, aimed at providing the most effective and broad-reaching services possible.
Revocable Living Trusts Explained
A revocable living trust is a document that creates a separate legal entity that will take title to your property and pass it to your beneficiaries when you die. Because it is revocable, you can make changes to your plan during your lifetime.
A fully-funded trust can help avoid the probate process. You can use it as part of a disability plan for yourself or a loved one. It remains private as opposed to going public with your assets. It is not a tool used to avoid debt or protect assets.
Southwest Florida Trust Attorneys
Contact our Fort Myers revocable living trust attorneys today to find out more about this valuable estate planning tool.