Revocable Living Trust
It is important to be aware of all of your options when completing estate planning and wills. Revocable living trusts can be another way to prepare for the future of your family and estate. Trusts should be filled out in person rather than online, to prevent any confusion or misinterpretation. Completing these documents alongside a credible attorney at Bevilacqua & Bevilacqua can make all of the difference. Due to the fact that it takes effect at the moment assets are transferred into the trust, it is harder for anyone to make false claims. Saying that you were not of sound mind or that you were manipulated into completing the document would not hold up in court. When handled properly, living trusts will not have to fall into the probate process. You must keep the trust up to date with the correct information of the beneficiaries and any new properties, whether inside or outside of the state of Rhode Island. Living trusts are a smart decision if you are concerned about an illness or the ability to make sound decisions with older age. Appointing someone you trust to manage your assets in this way is seamless and easy. Let the attorneys at Bevilacqua & Bevilacqua assist and guide you in these matters.