Living Trust
Learn how a living trust helps manage and protect your assets during your lifetime and ensure smooth asset transfer after your death.
How does a living trust work to manage and protect my assets?
A living trust is a legal document that establishes a separate entity to hold your assets. You, as the grantor, transfer ownership of your assets to the trust, while retaining the ability to manage and benefit from them during your lifetime. By naming a successor trustee, the living trust ensures that your assets can be managed according to your wishes without going through probate, providing privacy and potentially reducing estate taxes. This tool is highly valuable for individuals looking to streamline the transfer of assets to beneficiaries smoothly and privately.
