Avoid probate court with a living trust

Keep your assets with your family and out of the courts. Create your living trust simply and affordably—whether that's on your own, or with help from estate planing attorneys in our network. Living trusts start at $1,500.

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Last will and testament

What is a living trust?

A living trust, also known as a revocable living trust or inter vivos trust, is a legal arrangement that allows an individual (the "grantor" or "settlor") to place their assets, such as property, investments, and other valuable possessions, into a trust during their lifetime. The grantor can act as the trustee of the living trust, managing the assets as they normally would, while also retaining the ability to make changes or even revoke the trust altogether if they wish.

The main purpose of a living trust is to facilitate the efficient and private transfer of assets to beneficiaries upon the grantor's death, without the need for probate court proceedings. Probate is a legal process through which a deceased person's assets are distributed and their debts are settled, which can be time-consuming, expensive, and open to public scrutiny. By placing assets in a living trust, the grantor can potentially avoid probate and provide a smoother transition of assets to their chosen beneficiaries.

It's important to note that while living trusts offer advantages, they also come with certain complexities and costs, including the initial setup of the trust and ongoing maintenance. Consulting with legal and financial professionals is essential when considering whether a living trust is the right choice for your individual circumstances.

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