The most private way to handle your affairs is by setting up a living trust. Some people choose to create a living trust in order to keep the proceeding private. While assets distributed through the probate process become public record, those in a living trust remain confidential.
Koch & Associates guides clients through the process of creating and funding a revocable living trust. If you are uncertain whether a living trust is the right solution for you, we can review your situation and explain your options clearly.
A living trust is a sophisticaed legal document that allows you to have more control over your affairs than any other document.
Funding A Living Trust
Like all trusts, it is necessary to transfer assets into a living trust once it is created. You may put real estate, life insurance, bank accounts, business assets and other assets into a living trust. Depending upon your objectives, you may want to place all of your assets in a living trust or only some. Our experienced lawyers can help you determine what is right in your situation.
The creator of a revocable living trust has control over it during their lifetime and can change the trust at any time.
You may have heard that a living trust replaces a will, but this is not a certainty. In most cases, people who create a living trust also have a will.