Protection of Assets Now and in the Future
A revocable living trust is an estate planning tool designed to set aside assets for those who cannot handle financial matters. A minor child, a dependent spouse who does not want to or cannot manage finances or a dependent adult child can benefit from a revocable living trust.
Revocable Living Trust ∙ Asset Protection and Management
Contact Us for a Consultation ∙ (978) 261-3281
At the Hamilton Law Office in Sudbury, Massachusetts, attorney Stuart Hamilton focuses his efforts on estate planning. If you have questions about revocable living trusts or you want to set up a trust, contact us for an appointment.
- You can control and make changes in a revocable living trust for as long as you live. When you can no longer manage the trust, the trust can handle the disposition of assets for the benefit of the designated person.
- A revocable living trust can reduce or minimize estate taxes and can assure that assets are available for the designated person. Such trusts are often used to transfer and manage assets for those who cannot manage their own finances. In a second marriage, a trust can separate funds for children of a previous marriage. These trusts can be used to provide for any dependent — a spouse, a minor child, an adult child or another loved one.
- In some families, a revocable living trust can be a valuable part of an estate plan. An incapacitated or special needs child, for example, may need the security of a revocable living trust, while other children could inherit assets in other ways.
Contact Hamilton Law Office today to discuss your estate plan. If you are considering a revocable living trust, an experienced estate planning lawyer can answer your questions, establish the trust and advise you on funding the trust.
