While estate planning isn’t an “exciting” prospect for most, it’s something that’s becoming increasingly necessary for families and individuals to do. Whether looking to have a will written or wishing to establish a revocable trust in James Island SC, some legal professionals can assist you with the process. Buxton & Collie, LLC is one such law firm with over ten years of experience assisting South Carolina Residents with estate planning services.
A revocable trust acts similar to your average trust, where the grantor (you) gives a trustee the right to manage and hold assets to benefit beneficiaries. Upon their creation, trusts stay active but only apply upon the death of the grantor. When the grantor passes, the trustee helps divide property and assets to beneficiaries according to the stipulations established in the trust. However, revocable trusts differ from other trusts in their ability to be adjusted or changed by the grantor at any point in their life.
While there are plenty of options for securing and distributing your assets through estate planning, revocable trusts offer unique benefits:
A revocable trust for James Island SC residents isn’t the only part of estate planning our law firm can assist with. Furthermore, we provide additional legal services meant to support individuals, families and businesses alike. For example, our practice areas include:
Discover the benefits of establishing a revocable trust in James Island SC with the help of Buxton & Collie, LLC. TO learn more, contact us today at 843-606-2397 for a consultation. Also, we are located at 940 Johnnie Dodds Blvd, Ste 100, Mt. Pleasant, SC 29464.