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Seasoned, Compassionate Estate Planning Guidance In Anne Arundel County

Last updated on May 20, 2024

At Trevillian Law, we understand the value of securing your legacy and the importance of meticulous estate planning. From our office in Severn, Maryland, we can provide the legal guidance you need, avoiding any missteps or oversights. Our seasoned team of attorneys has over 85 years of combined experience and delivers compassionate and professional guidance in crafting revocable living trusts.

What Is A Revocable Living Trust?

Simply put, a revocable living trust is a legal document that you create during your lifetime. Unlike other estate planning documents and trusts, it allows you to manage your assets now and details how to distribute them among beneficiaries after your passing. The ‘revocable’ part means you can change it as your life or wishes change.

Why Choose A Revocable Living Trust?

A revocable living trust can be a smart choice for many reasons. Here are some key benefits:

  • Avoids probate: Your loved ones can skip the long, public and often costly probate process.
  • Ensures privacy: Keeps your financial matters and beneficiaries private, unlike a will that becomes a public record.
  • Flexibility: Change or cancel your trust at any time while you’re alive and capable.

By choosing a revocable living trust, you are choosing a smoother and more private way to handle your assets in the future.

A Guide To Creating A Revocable Living Trust In Maryland

Building a revocable living trust may not seem overly complex, but it does require careful thought and proper execution. As part of the process, you will need to do the following:

  • Decide on the type of trust that best suits your needs
  • Choose your trustee(s)
  • Draft a Declaration of Trust with clear instructions
  • Have your Declaration of Trust notarized
  • Transfer your assets into the trust to fund it

Working with a revocable living trust lawyer ensures that you follow all steps correctly and that your trust accurately reflects your wishes.

Let’s Get Started On Your Trust

If you’re in Severn, Glen Burnie, or the Baltimore Metro area and are considering a revocable living trust, Trevillian Law is here to help. Contact us today for a free consultation. Call 410-609-9987 or message us online.