Looking to Simplify Your Estate Plan? Learn About Living Trusts

Imagine ensuring your loved ones inherit your home and belongings without the delays or costs of probate court. A living trust offers privacy and efficiency, making it a practical solution for families.

At Brady Cobin Law Group, we work with clients to create estate plans that provide clarity and peace of mind, including living trusts that align with their goals and protect what matters most.

What is a Living Trust?

A living trust is a legal document that allows you to manage your assets during your lifetime and control how they’re distributed afterward. You can act as the trustee while you’re able and appoint a successor trustee to take over when needed. Living trusts can be revocable, giving you the flexibility to make changes, or irrevocable, offering permanence for certain financial objectives.

Benefits of a Living Trust

• Avoid Probate: By bypassing the probate process, your loved ones can save significant time, reduce stress, and avoid unnecessary legal expenses. This is especially valuable in North Carolina, where probate can be more complex than in other states.
• Privacy: Unlike a will, which becomes public record, a living trust keeps your estate details confidential, protecting the privacy of your assets and beneficiaries.
• Flexibility: A revocable living trust allows you to adapt as your life circumstances change, such as adding or removing assets or updating beneficiaries.
• Incapacity Planning: If you’re unable to manage your affairs, your successor trustee can step in without court intervention, ensuring your finances and property are managed smoothly.

Simplify Your Estate Plan with Brady Cobin Law Group

Creating a living trust can help protect your assets and secure your future. Brady Cobin Law Group will guide you through every step, from selecting trusted individuals to manage your trust to drafting a document that complies with North Carolina law. Contact us at (919) 782-3500 or online to see if a living trust is right for you. Let’s protect your future together.