Contact us Today
Menu
(832) 205-8144
info@treblegal
9801 Westheimer Rd, Suite 300, Houston, TX 77042
Experienced Houston
Living Trust Attorneys
At our Houston estate planning law firm, we understand that planning for the future can be overwhelming, but it is important to ensure that your business, assets and loved ones are protected. A living trust is a legal document that allows you to transfer ownership of your assets to a trustee while you're still alive, and it can be an effective way to ensure that your assets are managed and distributed according to your wishes after you pass away.
Our team of estate planning attorneys has the expertise to help you create estate planning documents, including a living trust that meets your specific needs. We'll work with you to understand your goals and help you choose the type of trust that is right for you. We will also help you to understand the benefits and limitations of each type of trust, to help you make an informed decision.
FAQs
How do I get started with creating a living trust?
To create a living trust, you should consult with an experienced estate planning attorney who can guide you through drafting the trust document, selecting trustees, and properly funding the trust by transferring your assets into it.
What is the role of a trustee and successor trustee?
The trustee manages the trust’s assets during your lifetime, and a successor trustee you name will take over management and distribution of those assets if you become incapacitated or after your death.
Is a living trust right for everyone?
Not necessarily. While many people benefit from the flexibility and probate-avoidance features of a living trust, the decision depends on your estate size, your goals, and whether you want to avoid probate or plan for incapacity. An experienced attorney can help determine what’s best for your situation.
Will a living trust keep my estate plan private?
Yes. Unlike a will, which becomes a public record during probate, a living trust remains private, so your family’s financial affairs and distribution instructions stay out of the public eye.
Do living trusts help if I become incapacitated?
Yes — one key advantage of a living trust is that a successor trustee you designate can manage your assets on your behalf if you become unable to do so, without the need for court-appointed guardianship.
What types of assets can be placed in a living trust?
You can place a wide variety of assets into a living trust, including real estate, bank accounts, investment accounts, business interests, and personal property, as long as they are properly retitled in the name of the trust.
Can I make changes to my living trust after it’s created?
Yes. Most living trusts in Texas are revocable, meaning you can change, amend, or even revoke the trust at any time during your lifetime as long as you are mentally competent.
What are the benefits of having a living trust in Texas?
Living trusts can help you avoid or minimize probate delays, maintain privacy, manage your assets during incapacity, and ensure a smoother transfer of property to your heirs.
How is a living trust different from a will?
Unlike a will, which only takes effect after your death and goes through probate court, a living trust becomes effective as soon as it’s created and funded. This helps your beneficiaries receive assets more quickly and privately without court supervision.
What is a living trust?
A living trust is a legal document that allows you to transfer assets you own into a trust during your lifetime, so those assets are managed for your benefit now and distributed to your beneficiaries later—often avoiding the probate process.
