Living Trusts

A revocable living trust is created for the purpose of holding ownership to an individual’s assets during the person’s life time and for distributing those assets after death.  The individual or couple (grantor) who creates the trust names a person who will serve as trustee and will follow the terms of the trust after the grantor(s) dies or becomes incapacitated.  While alive, the grantor may serve as trustee and control the assets even though they belong to the trust.  On the receiving end, the beneficiaries are the heirs that will benefit from the trust once the grantor has passed away.

• Avoid Probate (anything worth over $100,000 dollars is subject to Probate)
• Appoint a successor trustee to handle your estate in the event of your death
• Easy to amend your trust when your situation changes
• Appoint a guardian for your children
• Does not have to be filed with the Court
• Avoid the need for a Conservatorship

Wills

Experienced in creating wills that accurately reflect your wishes and ensure that your loved ones are taken care of. We understand the importance of this document and will work with you to create a personalized will that meets all of your needs.

HEALTH DIRECTIVE

Health directives can be difficult to navigate, but Lockhart Living Trusts is here to help. We will work with you to ensure that your wishes are clearly stated and that your loved ones understand your wishes in case of a medical emergency. Contact us today to schedule a consultation.