Have you ever asked yourself how a ‘trust’ works? Feliz Martone with Martone Law Firm provided a “wealth of knowledge,” and explained how you can benefit from a trust plan.
A trust plan is a formal relationship for you the trust maker that names a trustee to manage accounts and property for the benefit of you and your beneficiaries. When people talk about a trust they are referring to the legal document that puts this relationship in writing. This document is considered a living document. Since it can go into effect during your lifetime, and due to being in effect while you’re alive you are able to change it.
Take this opportunity to formalize your wishes, contact Martone Law today to discuss your estate trust planning.