TRUST ESTATE PLAN
Protection now and after your death outside of probate
Establishing Your Trust Estate Plan
Our most selected plan, the trust estate plan, is the most comprehensive estate plan we offer. It offers the ability to protect your home or property from probate, the greatest options for personalizing your wishes, and keeps your information private upon your passing. At Simplify, we offer flat-fee estate planning services that include lifetime amendments to your trust documents, ensuring your plans stay up-to-date.
Our unique approach handles deed work and files directly with the county, providing a completely hands-off experience, unlike other firms. We collaborate with your financial advisors to ensure all your assets are properly funded into your trust, offering a comprehensive, one-stop solution for your estate planning needs. Protect your assets and loved ones with our all-inclusive plans that cover trusts, pour-over wills, and healthcare directives.
Benefits of a Trust Estate Plan:
Up to 2 Michigan Quit Claim Deeds prepared and recorded with the county
Assistance from our strategic partner with funding your trust
Trust Amendment: lifetime changes to your trust document
Do you know if your home or other important assets are actually in your trust? Many trusts are incomplete, leaving your assets unprotected. Simplify ensures your assets are properly included and mirrored to your desires. Our trust estate plan offers you peace of mind that your healthcare, financial, and end-of-life wishes have been documented properly.
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Benefits of a Trust Estate Plan
Avoidance of Probate
A living trust helps your assets pass directly to your beneficiaries without going through probate. This saves time, money, and ensures a faster distribution of assets.
Privacy and Confidentiality
A living trust keeps your asset details and distribution plans private. This protects your privacy and allows you to keep your wishes confidential.
Incapacity Planning
With a living trust, you can plan for the management of your assets if you become incapacitated. You can appoint a trusted person to handle your affairs ensuring your needs are taken care of according to your wishes.
Frequently Asked Questions
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A living trust and a will both allow you to name who you leave your assets to however, a trust allows those assets to clear out of probate. Because a trust clears out of probate it is kept private. Lastly, a trust allows for more personalization that a standard Will.
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A pour-over will is created with a living trust. This ensures any assets without beneficiaries can be transferred to your trust upon your passing.
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Yes, you can make changes to your living trust during your lifetime by using a trust amendment.
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In most cases, real estate should be transferred to a living trust. It is advised to consult with a financial professional when determining which other financial assets should be transferred to the trust or make the trust a beneficiary of.