Living Trust is the document used to place your personal assets in Trust, a contract form that transfers the assets from you to another upon meeting the decided terms by you. It is primarily used for real estate and valuables, such as precious stones, art collections, or any other items that you would like to avoid probate and transfer immediately to your beneficiary (ies). The other value of creating a Living Trust is the privacy of your assets as they are automatically transferred into trust. Trust does not need to be recorded. The most popular form is Revocable Trust that can be changed at any time, if your situation changes. Once the Trustor (the owner of the trust) is deceased, trust becomes irrevocable, unless there is a provision to transfer the power of Trustor to a spouse. This type of trust is also known as Family Trust.
I prepare your Living Trust for $250 that includes providing all the information you need, research is needed and notary signature. You will receive one original document in paper form and electronic form. Should you need more that one original document, the additional fee for each is $5.