A revocable living trust is a legal document that avoids probate and does the following:

• Allows you to transfer (tax-free) your assets and property into a trust during your lifetime for your use and benefit.
• Allows you to retain control of all assets and property as trustee while you are alive and of sound mind. 
• Allows you to name people you trust such as a successor trustee to help you when you become incapacitated or pass away.
• Is revocable – so it is amendable and revocable at any time.
• Avoids the expensive and timely probate court process.  
• Keeps your assets private. 
• Provides protection to your property and assets upon your incapacity. 
• Can hold or own real property in every state across the entire nation without multiple probate cases. 
• Save federal income taxes. 
• Save federal estate taxes. 
• Provides protection to the beneficiaries from the following: creditors, divorcing spouses, eligibility of government assistance like Medicaid and SSDI, drug abuse or dependency, and can protect their inheritance from bad relationships and coercive friends or ex-spouses.  

A revocable living trust is like a box and can hold and own all your assets.  By owning your assets in a “box” or a revocable living trust instead of your name it provides protection upon your death or incapacity.  Although drafting a revocable living trust is like drafting a contract, having it done by experience estate planning attorneys is going to guarantee that your documents or contracts are prepared properly.  

At David Bindrup Law Firm, our attorneys only practice in this area of law – all we do is help families and individuals create trusts and then we help them administer them upon their death and/or incapacity.  Our attorneys also have published and taught other attorneys locally and around the nation regarding trusts and estates – so we are experts.  

Since our Attorneys are also Certified Public Accounts in Nevada and California, we can build revocable living trusts to save a lot of federal income taxes and federal estate taxes – so more assets and inheritance goes to your loved ones rather than the government!