FAQ
Compare Our Flexible Pricing Plans and Coverage Options.
Common Questions
Learn More About Our Products
A trust is a legal structure that allows your assets to be managed and distributed according to your wishes without going through probate.
Yes. Assets properly placed in a trust typically bypass probate.
Probate can cost between 3% and 7% of an estate's value.
No. Anyone with assets or dependents can benefit.
Yes. Revocable trusts can be updated as life changes.
Probate is the court process of distributing assets after death.
Typically 6-18 months, sometimes longer.
Yes, it becomes part of public record.
A trustee manages the trust and ensures assets are distributed properly.
A beneficiary is someone who receives assets from a trust.
Yes, depending on structure and planning.
No. You maintain control in a revocable trust.
Your estate will likely go through probate.
Yes, by clearly outlining instructions.
No. Planning is important at any stage of life.
Yes, often alongside MPOA and FPOA.
Medical Power of Attorney allows someone to make healthcare decisions.
Financial Power of Attorney allows someone to manage finances.
You should review your trust after major life events such as marriage, divorce, new children, or
significant financial changes.
In most cases, properly funded trusts allow assets to bypass probate, though certain assets outside
the trust may still be subject to it.
Yes. Many people create a trust and keep a will as a backup document to cover any assets not
included in the trust.
Yes, in most revocable trusts.
No, it remains active based on your terms.
Sometimes, depending on structure.
They can be-but the right system simplifies everything.
Yes. A trust provides clear instructions for how assets are distributed, which can reduce confusion,
disagreements, and potential conflict among family members.
Your estate will be distributed according to state intestacy laws, which may not align with your
wishes and often requires probate.
Yes. A trust allows you to set conditions, such as distributing assets at certain ages or milestones
instead of all at once.
Not always. While legal guidance can be helpful, modern systems can assist in structuring a trust
efficiently, with legal review recommended when needed.
Yes. Real estate is one of the most common assets placed into a trust to avoid probate and simplify
transfer.
Assets can include real estate, bank accounts, investments, business interests, and personal
property.
Yes. Unlike probate, which is public, trusts are generally private and not part of public record.
Yes. A trust allows a successor trustee to manage your assets if you are unable to do so.
A revocable living trust is a trust you can modify or revoke during your lifetime while maintaining
control over your assets.
An irrevocable trust generally cannot be changed once established and may offer additional
protection benefits depending on structure.
Yes. You can appoint co-trustees or successor trustees to manage responsibilities.
A successor trustee is the person who takes over management of the trust if you are unable to
serve.
A trust can ensure assets are distributed according to your wishes, helping balance interests
between spouses, children, and stepchildren.
Yes. A trust can specify how and when assets are used for minors, including education and living
expenses.
Ideally, key assets should be properly titled into the trust to ensure they avoid probate and follow
your plan.
Assets not included in the trust may still go through probate unless otherwise designated.
While less common than wills, trusts can be challenged under certain circumstances, but clear
structuring reduces this risk.