The Cox Law Firm, LLC regularly employs revocable living trusts to accomplish our client's short and long-term planning objectives. A trust is established when one or more parties (the "settlors") transfer property to one or more persons (the "trustees") who have agreed to hold and manage such property for the benefit of one or more beneficiaries. One of the benefits of a revocable living trust is that, when done correctly and updated regularly, your estate plan should help your family to avoid the cost and delay of the probate process.
A trust is a great tool to accomplish the following planning goals for our clients:
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