Why a Living Trust?

Preview:

DESCRIPTION

Steven W. Allen, J.D explains why you should have a Living Trust

Citation preview

1

Trust Protectionwith

Steven W. Allen, J.D.

You can’t take it with you, so how will you leave it behind?2

WHAT HAPPENS TO MY BUSINESS WHEN I DIE?

3

Ownership in your LLC =

Personal Property

(must be transferred to your heirs upon your death)

BUSINESS OWNERSHIP

4

Time

Public Probate

Cost

A WILL

5

REVOCABLE LIVING TRUST

6

Probate

Time

Public

Cost

A LIVING TRUST

7

What if your partner does

not have a living trust?

What happens then?

LIVING TRUST

8

How a Living Trust works

www.EstatePlanningDr.com/video

WATCH THE VIDEO

9

ACCOUNTABILITY