Jupiter, Florida • Nina Smith Law, PLLC
Revocable Living Trust Planning
Revocable trusts are a commonly used estate planning tool, and for good reason. Utilized and funded correctly, revocable trusts avoid probate proceedings and can be used to transfer assets easily. They can serve as an alternative to guardianship, delay or stagger distributions to young beneficiaries, and protect a disabled beneficiary's benefits… The list goes on.
How Nina can help
Nina can help you create a new trust or update an existing one. She explains:
- How a revocable trust works
- Trust funding, which is how assets are placed into the trust
- What a successor trustee does
- How a trust fits into incapacity planning
- How assets are distributed to your loved ones
The goal is a smoother transfer of property to the people you care about.
Why funding matters
A trust only controls the assets placed into it. Assets left outside the trust may still need to go through probate. That is why trust funding is part of the planning, not an afterthought.
The successor trustee
You can serve as the initial trustee of your own revocable trust. Your successor trustee - whom you nominate - steps in if you become incapacitated or after your death, and follows the instructions in the trust.
Get in Touch
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