
Proactive Planning: Why Creating a Living Trust is Essential Prior to Surgery
Creating a Living Trust before undergoing a medical surgery is a proactive step that can help ensure your assets are protected and your wishes are honored in case of any
Creating a Living Trust before undergoing a medical surgery is a proactive step that can help ensure your assets are protected and your wishes are honored in case of any
When deciding on child guardianship, a judge considers several factors to ensure the child’s best interests are protected. The primary goal is to provide a safe, stable, and nurturing environment
There are only a few steps required to creating a legal and defensible Living Trust. With Dynasty, we can guide you through creating one with our simple workflow.
Notarizing a Living Trust can provide added defensibility and assurance for the involved parties. Although notarization is not always required for a living trust, it can still offer several benefits:
At Dynasty we believe every adult in the United States should have a Revocable Living Trust. Trust Benefits A properly set up Trust can: From the moment you open your
Here are five famous examples of pets that have received large inheritances from their owners, and how the money was used: Gunther IV: A German Shepherd named Gunther IV inherited
While a Living Trust can offer significant estate planning benefits, many celebrities have passed away without one, leading to complicated legal proceedings and public scrutiny. Here are five such cases:
A Living Trust is a financial tool that lets you plan, organize, and protect your life. It’s a personal entity that allows you to add assets and plan out your inheritance. Eliminating legal battles, cost, and time spent by your loved ones.
Think of it like a personal LLC that you put everything you own in. Except it doesn’t protect you from liability like an LLC does, it protects you from probate and conservatorship.
Probate is the complicated court process (12-18 months) where a judge decides what happens to your assets after you die, become incapacitated, or are “deemed” incapable. Creating a living trust allows your assets to completely circumvent probate and immediately transfer to your loved ones.
In addition to being able to name heirs (your beneficiaries), a Trust also allows you to assign someone to manage it (your successor trustee). Instead of going through probate, your Successor Trustee takes control of the Trust, handles your affairs, and distributes your assets according to your instructions. The person you select as Successor Trustee should be your most trusted person. Like a best friend or closest family member.
At Dynasty, we believe everyone should have a Living Trust. If you have children, assets, or plan to acquire assets in the future, you should create a Trust. That way when you buy your next home, open a bank or brokerage account, get startup shares, etc. – you can immediately title them in your trust.