Concluding our blog series Setting up a Living Trust: 6 Facts to Know, below we will point out some final important facts to be aware of if you are considering setting up a living trust.
Although setting up a living trust can offer people and their beneficiaries a number of advantages, there can be some downsides to these types of trusts. In fact, people need to know that the size of their estate, the nature of their assets and their plans for the future will also impact whether or not setting up a living trust is the right move for them.
Some of the specific downsides of setting up a living trust can include (but are not necessarily limited to):
Keep in mind, however, that these may not be the only downsides to setting up a living trust – and they may also not come into play for some people/living trusts. To get a better idea of whether setting up a living trust is the right move for you, contact our Denver trusts and estate planning lawyers today.
Of all of the facts about living trusts that we’ve discussed thus far in this blog series, perhaps the most significant fact to remember is that, when you are ready for more info about setting up a living trust, the experienced Denver estate planning lawyers at Phillips & Blow, PC are here for you, ready to provide you will the highest quality legal services.
In addition to helping you set up the best trust(s) and other estate planning documents you may need, our lawyers can also assist you in revising and/or administering them at any point in the future.
Are you ready to get started setting up a living trust? If so, you can turn to the estate planning lawyers at Phillips & Blow, PC. We provide a thoughtful, comprehensive approach to our clients’ estate planning, elder law and other legal needs. We take pride in helping each of our clients and their families find the best solutions for them.
We can discuss your estate planning needs and different options during our consultation. To schedule this meeting, call us at (303) 713-9147 or email us using the contact form at the top of this page.
From our offices in Denver, we serve clients throughout the southwest and southeast Metro Area, including (but not limited to) people in Highlands Ranch, Littleton, Castle Rock, Parker, Aurora, Greenwood Village, Englewood, Centennial, Wheat Ridge, Golden and Arvada.