Avoiding Probate, Wealth Transfer
Estate Planning involves setting up a Revocable Living Trust with yourself as the executor of the trust and your spouse, children, partner/s, business, non-profit as the trustee. Your will & testament, along with any an all of your assets can be placed in the trust. Upon your death, an EIN is created and assigned to the trust and your trustees become the new executor/s. The trust owns the assets and therefore does not have to be litigated in court. The new executors have control of the trust and the assets. Property can be titled to the trust, vehicles, valuable stones, luxury items, life insurance, and other inheritance can be passed on through the trust.