A Revocable Living Trust can help you avoid probate and reduce estate taxes
From The Estate Planning Attorneys at Northern Virginia Trusts & Estates Serving Reston, VA
A Revocable Living Trust (RLT) set up with sound legal advice from the attorneys at Northern Virginia Trusts & Estates can put your mind at ease over the legal concerns of your estate and assets. Avoiding probate and eliminating or reducing your estate taxes are the biggest advantages of a RLT.
You may be concerned about how your assets will be managed after your death or in case of incapacity. Understanding which legal tools are at your disposal for ensuring that all your wishes are carried out can seem a minefield of laws, courts, lawyers and government agencies.
Revocable Living Trust advice from Northern Virginia Trusts & Estates can calm your fears and help you to choose the right means for protecting your assets and heirs` interests, whilst also delivering best value legal advice without breaking the bank.
Call us today at Northern Virginia Trusts & Estates to discuss revocable living trusts, wills, powers of attorney and guardianships. Dial 703 938 3510 to speak to a legal expert.
We have served many clients with comprehensive legal services all across Northern Virginia, including Reston, McLean, Vienna, Fairfax, Arlington, Alexandria, Falls Church, Tyson`s Corner, Sterling and Great Falls.
What is a revocable living trust?
A RLT, or revocable living trust, allows you to transfer the ownership of your assets and property into a trust during your lifetime. There are many different types of trusts to suit different financial and personal circumstances; however, a RLT allows you to, amongst other possible advantages:
- make changes during your lifetime
- possibly avoid costly probate proceedings after your death
- keep private the details of the trust and your heirs
- segregate assets in a marriage
- permit you to assign power of attorney
- eliminate or reduce your estate taxes
There are some downsides to setting up a revocable living trust, such as keeping records throughout the lifetime of the trust, but Northern Virginia Trusts & Estates is here to advise you on all aspects of this legal solution, as well as wills, power of attorney, guardianships and many other legal matters.
Contact us today for affordable advice at a price you can afford. We guarantee not to charge more than our advertised prices, ever.