Navigating Trustees and Beneficiaries
A living trust is a legal arrangement in which an individual (the grantor) transfers their assets into a trust during their lifetime. The grantor usually serves as the initial trustee and maintains control over the assets during their lifetime but names successor trustees to manage the trust in the event of their incapacity or death. The experienced counsel at Estate Planning, Trust and Probate Law Firm, LLC offer comprehensive assistance to Trustees in navigating the complex administration of a Trust. We have the legal expertience to guide and manage the trustee.
TRUST ADMINISTRATION SERVICES
- Living Trust
- Last Will and Testament
- Living Will
- Power of Attorney
- Health Care Directives
- Assisting the Trustee with the administration of the Trust
FUNDING A LIVING TRUST
Funding of your Living Trust is a crucial step; without it, your trust is worthless. The initial funding of your trust includes:
| Your personal residence | Any paid-off vehicles |
| Any business | All personal property |
PROTECTION FOR BENEFICIARIES
Protection for beneficiaries in danger of losing inheritance come standard:
| Minor children | Special needs |
| Drug dependency | Bankruptcy |
| Divorcing spouse | Creditors |
What is a Living Trust and Why is it Beneficial?
Watch Attorney Philip King Explain.
Philip A. King has practiced law for over 20 years and is dedicated to making the legal process more understandable and accessible for everyone. The entire team at Estate Planning, Trust and Probate Law Firm, LLC reflects his commitment to empowering clients to make informed decisions about their estate planning, probate, and guardianship matters. Let’s get started on your plan.
Schedule a Free Introductory Meeting
Estate Planning, Trust, and Probate Law Firm, LLC welcome you to reach out to our legal practice to schedule an introductory consultation concerning your estate, trust, probate and guardianship concerns.
With offices in Columbus and Delaware, Ohio, we extend our services throughout the state to better assist you. Request a free introductory meeting now by submitting the form on the right.
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