Revocable Trusts

Revocable Trusts

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Created during your lifetime, your revocable living trust can serve as your alter ego. Designed to be the minivan of trusts, the revocable living trust carries you, your loved ones, your assets, your pets and all of your baggage along the road of life. It may be amended or terminated any time while you are competent. Your revocable living trust becomes irrevocable upon your death.

You do not need to be wealthy to use a trust. In Georgia, most people use a revocable living trust to dictate in advance who will help them with their paperwork and finances if they no longer can handle their affairs, and also to avoid probate. Probate is a court proceeding that transfers the title of your assets after your death. A revocable living trust helps avoid depending on court intervention to meet your goals.

If you are a private person, a revocable living trust offers you privacy. Wills are public record at your death; the terms of your revocable living trust are not. This can become a very important issue, particularly if you are in an unmarried relationship. It is not anyone's business to whom you leave your money. Make sure that your documents - and the names of those you love - stay out of the public eye.

Contact our law firm today at 770-386-8564 to schedule your free initial consultation.