
1 minute read
Legal Advice
from CB Living
Trusting Your Trust Will Work
The proper use of a trust will allow your estate to avoid a court probate. Probates add administrative requirements such as giving notice to all heirs–even heirs you may be omitting from your estate plan.
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A trust allows one person to have centralized control to collect your assets, pay last bills and make the distributions the way you plan. A revocable trust can be amended and changed over time – as your goals for family or friends change.
Trusts avoid the need for a court conservatorship when leaving money or property to minors, whether children or grandchildren. A court conservatorship is more costly and burdensome than a probate. Also, trusts can provide incentives for minors for education and employment.
Estate planning does not need to be complex or confusing. You deserve to have your questions answered when they arise. Our documents are drafted to provide the benefit of avoiding obstacles and disputes, whether you have multiple beneficiaries or one special heir.