I often recommend trusts to my clients in the Troutman area because of their numerous advantages.
Trusts can be an important part of your real estate planning in Troutman, North Carolina because they offer certain legal rights, as well as the potential to avoid the probate process.
Trusts are a written arrangement that gives a trustee (usually a third party) the right to hold specific assets on behalf of a beneficiary. Generally, assets in a trust can be transferred to a beneficiary more quickly than with a will and, depending on the arrangement, may require fewer estate taxes.
Both revocable and revocable trusts have specific guidelines, and having a legal professional prepare these documents will help you understand what each includes and which one is right for your legal and financial needs. When you work with me, W. Sloan Goforth, Attorney at Law, I will discuss your estate planning needs and help you make informed decisions.
As your attorney, it is important to me to provide individualized advice and non-biased information to guide you through your estate planning documents. I will only recommend the options that I believe will be in the best interests of all parties involved in the estate planning process.
If you have questions about revocable or irrevocable trusts, or any of your other estate planning documents, contact me, W. Sloan Goforth, Attorney at Law today to schedule a free consultation. I look forward to providing you with sound legal advice and helping you achieve greater peace of mind.