Trust are powerful legal instruments that can protect assets and very help your estate avoid probate after you die. This can help your family and friends carry out your wishes, save time and money, and minimizes the decisions they need to make when you pass away.
Various Trusts:
Revocable Living Trust Strategy
Allows you to control and manage your assets while you are living. Revocable Living Trust creates a legal entity for your assets to be house and handled if you lack capacity or die.
Irrevocable Living Trust Strategy
Irrevocable Living Trust is very similar to a Revocable Living Trust except it cannot be terminated. Generally, this is made to transfer wealth, protect assets, and reduce your tax burden. This strategy provides a roadmap to maintain your lifestyle while protecting assets for your beneficiaries.