Maximize Control and Privacy With a Trust
A revocable living trust offers an effective method for avoiding probate while providing ongoing flexibility throughout one’s lifetime. Although each asset remains under individual ownership, it becomes vested in the trust, with the grantor serving as trustee.
Funding the trust with certain types of property can enhance estate-management goals and streamline the transfer of assets to beneficiaries. By holding assets in trust rather than in personal name alone, one retains full control and the ability to modify or revoke the arrangement as circumstances change. An Oklahoma trust attorney can help you determine if a revocable trust is the best approach for your estate plan.
The assets you usually fund they call funding your trust with are your real property minerals. That’s accomplished by creating warranty deeds where you transfer it out of your name into your trust or mineral deeds where you transfer it out of your name into your trust. Another way is you’ll go to the bank with your thing that we give you called a certification of trust and retitle all of your bank accounts and then you would also take that certification and retitle all of your vehicles.
Benefits of a Revocable Living Trust
A revocable living trust is an excellent way to avoid probate. It also keeps all of your assets and the things that you own private and that’s one great reason to have a revocable living trust. If you’d like to learn more about our revocable living trust you may come contact me at the oklahomawillandtrust.com. .
Contact Us for a Free Consultation
If you’re interested in learning more about how a revocable living trust can help you avoid probate and protect your assets, contact us today for a free consultation. Call a Tulsa estate planning attorney at (918) 876-4500 or send a question using a form on this page to schedule your appointment. Don’t wait, start protecting your assets today!