A living trust attorney can provide you with help in protecting your privacy as well as the privacy of your heirs or beneficiaries. It is important that you have a plan in place to transfer your wealth that addresses the needs of your loved ones. For many people, one of the key things that they are concerned about when receiving an inheritance is making sure that all of their financial details do not become public record. The creation of a living trust can help to ensure that does not happen.
Unsworth LaPlante, PLLC will work closely with you in order to help you determine if a living trust is the best tool to accomplish your goals for providing for your heirs or beneficiaries. Whether you are concerned about privacy, a timely transfer of assets, or a wide variety of other issues, we can help you to find the right legal tools to use to transfer wealth to loved ones in the most appropriate way. Give us a call today to find out more.
How a Living Trust Attorney Helps Protect Your Privacy
A living trust attorney can help you to ensure that your privacy is protected by working with you to ensure you are able to use trusts and other appropriate legal tools to pass outsides outside of the probate process.
When you pass away, typically probate needs to take place in order to facilitate the transfer of wealth to new owners. If probate takes place, this involves court proceedings. And, when you go to court, a judge oversees the proceedings and a court record is created. This court record can typically become public record and thus accessible to others — except in limited circumstances if you ask the court to seal the records and the judge agrees to do so.
If your heirs or beneficiaries would prefer not to have details about their inheritance become public record, you will need to find ways to facilitate the transfer of assets outside of the probate process. Trust administration is an alternative to probate — and assets that you leave behind can pass through trust administration if you have put money and property into a living trust.
If you fund a trust, the asset within it are able to pass privately because the trust administration process should take place entirely outside of court unless a problem arises. The trust administrator can take care of managing the trust assets during the trust administration process and can help to facilitate the transfer of money and property to new owners without any court hearings every becoming necessary.
Unsworth LaPlante, PLLC will help you to create a legally valid trust, to fund it with the assets that you hope to transfer privately outside of the probate process, and to choose the right trustee to oversee the trust administration process so there is no need for court action to resolve problems. We can also provide representation to those involved in the trust administration process to make sure it goes smoothly and to ensure that the instructions in the trust document are followed to the letter.
Getting Help from a Living Trust Attorney
A living trust attorney at Unsworth LaPlante, PLLC can help you to determine if a living trust is the right tool for you or if there are other estate planning documents that would be better suited to meet your needs and the needs of your heirs or beneficiaries. We will work closely with you to understand your goals for your legacy and for providing for your loved ones and to ensure that you have the right plans in place to accomplish those goals.
To find out more about how our firm can help you, join us for a free seminar. You can also give us a call at (802) 879-7133 or contact us online to learn more about the personalized support and assistance that we can offer.