Planning for the future isn’t only about planning for your retirement. Considering how you are going to handle your assets when you pass away is equally as important to ensuring that your family gets what you intend for them to. A San Antonio revocable trust attorney from the Voeller Law Firm can help you to decide if the instrument is the best way for you to handle your assets during your lifetime. They can give you all of the information that you need to make an informed decision.
What Is a San Antonio Revocable Trust?
A revocable trust is an instrument that allows the grantor (or maker of the trust) to assign or transfer assets including funds and real property to certain beneficiaries while the grantor is still alive. This means that the assets are held “in trust” by the grantor until they pass away at which time the assets default to the beneficiaries. The reasons for creating a revocable trust include avoiding complicated, time-consuming, and expensive probate after death since the heirs to your estate are already beneficiaries of the trust.
How to Work Out the Details with a San Antonio Revocable Trust Attorney
When you first meet with a San Antonio revocable trust attorney, you will go over all of the assets that you want to include and all of the beneficiaries that will be listed. The attorney will also need you to decide what percentage of the assets the beneficiaries each are given. Once the details are worked out, our Texas attorney team can draft the document. FYI: you will return it at a later time to sign them before a Notary Public. The final documents can either be left in a safe place of your choosing or with the attorney’s office if you desire.
Take Steps to Prepare with a San Antonio Revocable Trust.
The first step to ensure that your loved ones are cared for and do not have to go through the process of probate is to meet with a San Antonio revocable trust attorney. Reach out today for a consultation with someone that understands what you are trying to accomplish. Call the Voeller Law Firm to set up an initial consultation with one of our Texas attorneys and to learn more about how a revocable trust can be beneficial.