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Revocable Trusts | Knapp Law Firm, PC

Tag Archives: Revocable Trusts

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What things can be done to avoid probate?

What things can be done to avoid probate?
A simple way to avoid probate is to give away property during your lifetime.  But there can be consequences because you lose control and cannot recover the item, cash or property just by asking.  The new owner has to agree to return something to you or even use funds for your benefit.  You should only…
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Probate, Estate Planning

Probate, Estate Planning
Q. What things can be done to avoid probate? A. A simple way to avoid probate is to give away property during your lifetime. But there can be consequences because you lose control and cannot recover the item, cash or property just by asking. The new owner has to agree to return something to you…
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Irrevocable Trusts

Irrevocable Trusts
Q. How do I know if I need a revocable or irrevocable trust? A. You should consult with a legal professional that handles both kinds of trusts.  Provide a clear explanation of your goals and the assets you are planning to use to fund the trust including any life insurance you plan to purchase or…
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