Many people when they are
planning their estate start looking into ways of avoiding probate, and in Denver, Meurer Law Office
is your local expert on protecting your assets. One way we have found very effective at avoiding probate is the use of Living Trusts. The trust is set up so that the Successor
Trustee can immediately take control of your assets without the courts
intervention, avoiding probate entirely and allowing your property to
be distributed right away. At that point
the trustee can pay off your bills, sell assets as necessary, and take care of the needs of your
beneficiaries without waiting for your estate to go through the long
complicated probate process. Rather than
taking months or even years, avoiding probate with a living trust can free your
estate up for distribution within weeks.
Another benefit of using a living
trust type of arrangement to avoid probate is that it is all far more private
than a traditional will, so your estate can be settled out of the public eye
and without involving the court system. Avoiding probate with a trust also provides
flexibility, as you can change your trust at any time, adapting it as things in
your life change, and it can be established to transfer control over to your
trustee if you are incapacitated, not only after your death.
