The overarching benefit is providing a seamless transition for your family and loved ones when you're gone or incapacitated. Learn about the top reasons to use a living trust.
Three Primary Benefits
Death and Wealth Transition
Proper use of a living trust can help you avoid probate, saving substantial money and time while making things easier for your loved ones.
Superior Disability Planning
If you become incapacitated, there's a smooth transition for your chosen successor trustee to step into your shoes and act as trustee.
Asset Protection for Beneficiaries
Through proper use of a living trust, you can pass on inheritance in an asset-protective manner, rather than leaving large lump-sum inheritances to beneficiaries who may not be ready to handle them wisely.