If you’re considering establishing a revocable trust, MCV Law’s trusted, experienced Estate Planning attorneys can help you make sense of your options. Our team of attorneys have years of experience helping people in situations like yours.
When you’re considering a revocable trust, MCV Law will take the time to get to know you and your goals. Our team will explain your options to you while we handle the complexities and paperwork. MCV Law provides relied upon legal knowledge, providing the peace of mind that you and your family need.
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What is a Revocable Trust?
A revocable trust is a contract between you and someone you trust, of your choosing, who will manage your trust if you’re unable to; this person is called a trustee. For a revocable trust, you can set yourself as the trustee. You can revoke or change the trust at any time. For example, you can take out what’s saved in your trust at any time. No two trusts will be the same, as your revocable trust should be made for your personal needs and goals.
A Revocable Trust Avoids Probate
Probate is a legal process that can make distributing your trust slow and expensive.
Usually, a trust will specify who gets what, which would make almost no need for probate. You or, if need be, your trustee, will give away your trust to the people named in your trust.
Is a Revocable Trust Right for You and Your Family?
MCV Law’s estate planning lawyers concentrate their legal practice on revocable trusts.
Get answers to your questions about revocable trusts.
Revocable Trusts Can Minimize Estate Taxes
If you and your wife or husband set up separate revocable trusts, both you and your spouse could avoid estate taxes.
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Who Will Handle Your Revocable Trust If You Can’t?
If you make your revocable trust and can’t manage your trust because of your health, your trustee (or person who you chose to manage your trust when you can’t) can manage your trust, protecting what you’ve saved in your trust.
The Local, Trusted Choice for Revocable Trusts near Syracuse NY & Upstate New York
While MCV Law has offices in Syracuse NY and Chittenango NY, our legal services for revocable trusts extend far beyond these city limits. Our estate planning attorneys’ legal expertise are relied upon in the greater Central New York region, including but not limited to:
- Auburn NY
- Baldwinsville NY
- Cortland NY
- Fayetteville NY
- Fulton NY
- Ithaca NY
- Oswego NY
- Rome NY
- Skaneateles NY
- Utica NY
- Watertown NY
- And more
If you’d like, we can visit you at your preferred location.
A revocable trust is an essential part of safeguarding your hard-earned assets and protecting you and your family.