By: John Farrell
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Marietta Trusts Lawyer
Creating Customized Estate Plans for Families
A revocable living trust is a great way to plan your estate if you have many assets, such as real estate. This allows you to have control over who you want to have control over your assets. Enlisting the help of a thorough Marietta estate planning lawyer can make the process of setting up your living trust easier, simpler, and more effective. Our dedicated team at The Farrell Law Firm can help you establish a trust that is detailed and helpful to you and your loved ones. We can also answer any questions you may have about trusts and whether probate may be required.
Note: If you want to brush up on the basics of Georgia estate planning (Wills, Probate, Power of Attorney, Revocable Trusts, Irrevocable Trusts and Advanced Healthcare Directives) take a look at these free ebooks.
We can assist with creating a wide range of trusts that are uniquely created to serve your needs, including:
- Irrevocable trusts
- Revocable living trusts
- Children’s trusts
- Testamentary trusts
- Educational trusts
- Supplemental needs trusts
- Charitable trusts
- Special needs trusts
Learn which type of trust is right for you: (678) 809-4922.
What a Trust Can Allow You to Do
Trusts can be used to manage assets, personal property, insurance plans, retirement plans, real estate, and many more. It offers a flexible way to efficiently manage everything while making it easy to keep track.
A revocable living trust can enable you to:
- Manage assets like bank accounts, businesses, homes, and investments
- Give clear instruction to how your affairs are to be managed
- Protect your beneficiaries from poor decisions and those looking to take advantage of them
- Have total control of the assets in your trust
- Appoint the successor who will distribute the assets to your beneficiaries
When you meet with an attorney from our team, we can discuss how to protect your assets, provide financial security for your loved ones, and efficiently transfer your legacy to your beneficiaries. We are dedicated to helping clients protect what they’ve earned throughout their lifetime.
What Is the Difference Between a Will & a Trust?
Wills differ from a trust in a few ways. A will only goes into effect when the person who makes the will dies and it is formally recognized by the court. A revocable living trust goes into effect at the time it is signed. Should the person who established the trust be unable to manage the assets at any time, the successor trustee will take over that responsibility.
Learn How to Protect Your Future
Having a trustworthy and detailed Marietta trusts lawyer can make a difference in how well your wishes for the trust are implemented. At The Farrell Law Firm, our estate planning attorney provides clients in both Georgia and Tennessee with high-quality estate planning guidance and representation.
Call us at (678) 809-4922 to get started with your trust!