At Heritage Law Firm, we help our clients with Revocable (also known as Living) Trust-Centered Estate Planning to accomplish, generally, three goals: 1) maintain privacy during their lifetime and after their death; 2) mitigate, and potentially completely avoid, the costly expenses of probate; and 3) save time and provide ease for the transfer of wealth.
In its simplest form, a trust has three parties: 1) a grantor (the person or persons who form the trust); 2) a trustee (the person or persons who manage the assets held in trust); and 3) a beneficiary (the person or persons entitled to a benefit from the trust assets). One of the main benefits of a Revocable Living Trust is that during a given client’s lifetime, said client serves as all three parties and has unfettered access to the assets held in trust. Another benefit is that the trust can be revoked (as its name suggests), amended, modified, or restated in the future.
Our Revocable Trust-Centered Estate Plan includes the following documents:
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Heritage Law Firm
PO Box 974
Fort Mill, SC 29716
*By Appointment Only
3440 Torigndon Way
Suite 205
Charlotte, NC 28277
