REVOCABLE
TRUST
 
Revocable Trust
WITH A REVOCABLE TRUST -
You can continue to maintain complete control over your assets during your lifetime.
Your assets can be transferred to your beneficiaries on your death without going through the Probate Process.
You designate how - and when - your assets are to be distributed to your beneficiaries upon your death.
Your estate may be able to reduce or even eliminate Federal Estate Taxes.
ADVANTAGES OF A REVOCABLE TRUST
By placing your assets (your home or other real estate, investments, savings, and other personal property) into a Revocable Trust, naming yourself as Trustee, you will continue to maintain complete control over those assets. You may add or remove assets from the Trust and you retain the right to amend or revoke the Trust at your discretion at any time during your lifetime.
Upon your death (or if you should become disabled or incapacitated) the control of those assets will be immediately transferred to whomever you have named in your Trust as your Successor Trustee, without the necessity of Probate Court approval.
The property which you have placed in your Trust will always be available to you, and for you, and will immediately be available for the benefit of your heirs upon your death.
The terms of your Trust, as well as the contents of your Trust, are confidential and are not subject to the jurisdiction of the Probate Court nor are they disclosed to the general public.
The Trust can be designed to provide for immediate distribution of your property to your family or other beneficiaries upon your death, or if you prefer, some or all of the property can remain in the Trust to be distributed to your children or grandchildren when they reach certain ages predetermined by you.
In addition to avoiding the Probate process, a Revocable Trust may also be a beneficial way to reduce, or even eliminate, Federal Estate Taxes.

 



Law Offices of
Leonard P. Shapiro, PA
161 Kinsley St.
PO Box 3581
Nashua, NH
03061-3581
Tel: (603) 883-0920
Fax: (603) 881-3343
HOME || FIRM OVERVIEW || ESTATE PLANNING || WILLS || HEALTH CARE DIRECTIVES |
POWER OF ATTORNEY || REVOCABLE TRUST || SMALL BUSINESS || CONTACT US |