As a wills and trusts lawyer in Bethesda and Upper Marlboro, it’s easy to see why so many people put off writing their will. After all, no one really wants to think about their own death, let alone prepare for it. In reality, though, preparing by creating a will is exactly what we should all be doing. There are plenty of reasons to consider, and any reputable wills and trusts lawyer will be able to go through the list with you to ensure that you are protecting your assets and the people you love.
Can A Revocable Trust Protect Assets Against Lawsuits?
People often mistakenly believe that their revocable trust can protect their assets from lawsuits. When assets are transferred into your trust, they are still within your control. You can sell, invest or give away the assets. Your revocable trust is simply a mirror image of you – you are the creator of the trust, the … Read more