Maximize Control and Privacy With a Trust
Hi, I’m Oklahoma trust attorney Meg Prestage and today I want to talk to you about the revocable living trust and what you may or may not want to fund this trust with certain assets. So a revocable living trust is a great way to avoid probate. It’s also a great tool for you to use throughout your life. It’s as if you own your assets individually but they’re vested in your trust and you’re the trustee.
The assets you usually fund they call funding your trust with are your real property minerals. That’s accomplished by creating warranty deeds where you transfer it out of your name into your trust or mineral deeds where you transfer it out of your name into your trust. Another way is you’ll go to the bank with your thing that we give you called a certification of trust and retitle all of your bank accounts and then you would also take that certification and retitle all of your vehicles.
Benefits of a Revocable Living Trust
A revocable living trust is an excellent way to avoid probate. It also keeps all of your assets and the things that you own private and that’s one great reason to have a revocable living trust. If you’d like to learn more about our revocable living trust you may come contact me at the OklahomaCityAttorney.com. Thank you for listening.
Contact Us for a Free Consultation
If you’re interested in learning more about how a revocable living trust can help you avoid probate and protect your assets, contact us today for a free consultation. Call a Tulsa estate planning attorney at (918) 876-4500 or send a question using a form on this page to schedule your appointment. Don’t wait, start protecting your assets today!