The concept of the revocable trust (sometimes referred to as a “revocable living trust,” “living trust,” or “grantor trust”) is similar to a Will in that it directs the distribution of assets at the time of your death, but it does so without the involvement of probate court. In addition a revocable trust may provide for your care and the management of your assets during your lifetime in the event of disability or incapacity. When you create the trust and transfer assets into the trust you are known as the Trustor (or sometimes “Grantor” or “Settlor”). You name a trustee, frequently yourself, and the ‘Trustee’ is the person who holds and manages the trust assets in accordance with the terms and provisions set forth in the Trust instrument. The ‘Beneficiary’ is a person(s) for whose benefit the trust was created. It is created and operational while you are alive and it can be revoked or changed at any time by the person(s) who created the trust.

Other Services

  • Business Succession

    Business succession is the planning and process of preserving the continuity of the family business. If the goal is to

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  • Revocable Trust

    The concept of the revocable trust (sometimes referred to as a “revocable living trust,” “living trust,” or “grantor trust”) is

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  • Mediation

    Mediation is a voluntary process that requires full cooperation and participation of the parties to reach decisions acceptable to each.

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  • Estates and Trusts

    Estate planning is important for many reasons. Some of the more important reasons are: It allows you to set forth

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