When you are planning a financial future for you and your family, it’s important to find a team you can trust. At CaMu Document Services, our fiduciary advisors are objective and transparent when it comes to devising successful financial and estate planning, and we always hold your best interests in mind. Our approach is to provide personalized services to “guide” our clients while helping them achieve their objectives.

Our mission is to empower and educate you to make confident and informed decisions regarding your estate.

What Is A Living Trust?

A Living Trust is a form of estate planning that allows you to control your assets (your money and property) while you are still alive and have it distributed to the people or organizations you choose at your demise. Living Trusts allow estates to avoid probate, which is a court process that would otherwise have to step in and oversee the distribution of your assets.

FAQs

What Is A Living Trust?

A living trust is a document detailing various assets and appoints a representative to handle these assets for the best interests of the trust’s beneficiary. A Living Trust avoids probate.

Revocable Vs. Irrevocable Trusts — Which Is Right For You?

Choosing an irrevocable or revocable trust depends on what is most important for you to prioritize. A Revocable Trust allows you to be flexible and control the estate, its terms can be modified, amended, or revoked. An Irrevocable Trust is an exact opposite, its terms cannot be modified or terminated without the permission of the grantor or beneficiaries and in very specific unique situations.

Why Would Someone Choose Irrevocable Trusts?

Irrevocable Trusts can be beneficial in some cases concerning certain assets.  Larger estates may benefit from an Irrevocable Trust because it may shelter them from estate and gift tax. An Irrevocable Trust can also be a beneficiary of a Life Insurance policy.

What are Revocable Living Trusts?

Revocable Living Trusts are a simple way to protect your assets and your beneficiaries while avoiding probate and assuring privacy. This means the court does not get involved in the distribution of your assets. If you experience big life changes you have full control of updating your Trust. A Revocable Living Trust allows you to maintain control over your assets.