An estate planning tool that can help individuals avoid the probate process after death is a living trust (also known as a revocable trust). A living trust accomplishes this by removing the individual's from his name into the trust. A trustee, which can be the individual, has a fiduciary duty to manage the trust for the beneficiaries of the trust. When the individual passes away, a successor trustee then takes over.
There can be advantages to creating a living trust, including:
If you are interested in learning more about living trusts, contact our Houston living trusts attorneys. At Stephenson Snokhous & Fournier, we provide exceptional estate planning services, including planning, drafting and funding living trusts and irrevocable trusts. Contact us to discuss how we can help you with your estate planning needs.
If you are interested in a living trust or any other type of estate planning tool, contact an attorney at Stephenson Snokhous & Fournier. Contact us online or call 713-629-9494.
Stephenson Snokhous & Fournier Houston, Texas 4544 Post Oak Place, Suite 378 Houston, TX 77027 Phone: 713-629-9494 Fax: 713-629-9606 E-mail