Trusts Attorneys in Durham
35+ Years’ Experience at Work for You
A trust is one way to help your loved ones avoid probate court following your death. Essentially, a trust arranges for one person, the trustee, to hold the legal title to the assets for another person, the beneficiary. You can serve as the trustee for your own living trust during your lifetime and maintain total control over the property that is held in the trust.
Our Durham trusts lawyers at Walker Lambe, PLLC can help you evaluate whether a trust is the right option for you and your family. We take into account your assets, family situation, and other factors in order to provide a legal solution that is customized to your needs. With more than three decades of experience, our firm can anticipate any potential pitfalls and work to overcome the legal issues you face.
Contact us today to learn more about your options.
Benefits of a Living Trust
Creating a living trust may take some effort in the beginning, but it is worth it in the long run.
Take a look at some of the following benefits:
- They are relatively easy to modify and can be updated throughout your life.
- They ensure that your wishes are carried out by your successor after you pass.
- They have the ability to support family members according to their unique needs.
- They can stipulate why, when, and how your loved ones can access assets.
In addition, you can create clauses that would protect your estate from depletion due to creditors or other parties. If you have a loved one with special needs, you can create a plan for their care that keeps your assets safe. Ultimately, a trust is an excellent way to protect your estate from losses while customizing the distribution of your assets to your wishes.
Get in touch with an experienced Durham trusts lawyer today to discuss your estate and how a living trust may benefit you. Call (919) 493-8411.