What is a Trust?
A Trust is an important tool to manage your assets (e.g. your home and other things you own) and pass to your loved ones exactly how you want. The Trust creates a box that you put assets in, and upon your death, that box of assets transfers automatically, saving your loved ones’ time, stress, anxiety and expenses.
What does a Trust do?
The Trust fits your unique circumstances. For those that are married, the Trust will pass the box to your surviving spouse upon your death. When he or she passes away, your and your spouse’s box will transfer to your children in equal shares. And if one of your children passed away, that child’s children will receive that share. If you don’t have children now, the Trust covers your children in the future.
If you’re not married or don’t have children, or have non-traditional families, TrustHandled covers that too.
We know that things change. TrustHandled provides you with the tools to change or amend your Trust when the time comes. Right in the comfort of your home. Simple. Quickly. Forever! TrustHandled is here for you and your family!
What Could Happen If You Don’t Have A Trust?
There are several potential consequences of not having a trust in place:
- Your assets may not be distributed according to your wishes: Without a trust, your assets will be distributed according to the laws of intestacy, which may not reflect your preferences.
- Your family may have to go through probate: If you don’t have a trust, your assets may have to go through the probate process, which can be time-consuming, costly, and stressful for your loved ones.
- Your family may experience financial hardship: If your assets are tied up in probate, your family may not have access to the financial resources they need to pay bills and maintain their standard of living.
- Your privacy may be compromised: The probate process is a matter of public record, which means that your financial affairs may become a matter of public knowledge. A trust allows you to keep your financial affairs private.
Overall, having a trust in place can provide peace of mind and ensure that your assets are managed and distributed according to your wishes, even if you become incapacitated.
Why You Should Create & Store Your Trust With TrustHandled?
Our service is easy to use and cost-effective. We offer competitive prices that are far lower than what a lawyer would charge, meaning you can save money while ensuring all your important documents are in order.
With our streamlined service, you no longer need to worry about tracking down a lawyer or navigating complex legal paperwork—we do the hard work for you.
What Are The Steps Involved In Creating A Trust?
1. Choose your trustee(s):
This could be yourself, another individual, or even an institution/organization. This decision should be based on whom you believe could best handle managing and administering the property included in the trust once it is established.
2. Decide what property (if any) should go into the trust:
Real estate properties, investments, artwork/valuables, etc., if applicable depending on individual circumstances).
3. Name your beneficiaries:
These are typically family members or friends but could also include charitable organizations such as churches and schools.
4. Submit information via our online form:
Which includes identifying details about all relevant parties (yourself included), property specifics (location, etc.), as well as beneficiary details like contact info/addresses, etc.).
5. Upon completion:
We store all documents securely within each customer’s own personalized “vault” within our platform- so everything is organized in one place!
We know that creating an estate plan is no easy decision – but doing so now can give both you and your designated loved ones peace of mind for years to come knowing that everything has been taken care of properly! So don’t wait – take advantage of our cost-effective solution today and get started creating your trust document!
