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Living Trust

Living Trust Attorneys in Bowie, MD

Providing Legal Guidance in Anne Arundel & Prince George’s County

A living trust is an estate planning tool that provides numerous benefits, such as allowing you to avoid the court-supervised probate process. In deciding whether a living trust is right for you, we highly recommend that you consult with one of our experienced living trust lawyers at Adams Law Office, LLC. We can review your estate planning needs, explain how a living trust works, and help you move forward with creating this legal instrument.

Our firm has decades of combined experience handling the estate planning needs of individuals and families throughout Maryland. We strive to create authentic relationships with all of our clients because we know you have a choice when it comes to legal representation. We consider it a privilege to serve you and will do everything possible to meet and exceed your estate planning expectations.

Ready to learn more about living trusts? Reach out to Adams Law Office, LLC at (301) 900-5940 or fill out an online contact form to request your free consultation.

What Is a Living Trust & How Does It Work?

A living trust is created by the grantor, who transfers their assets to the trust. The trust is a legal entity that holds the grantor’s assets both before and after the grantor’s death.

The assets you can put into the trust (i.e. “funding” the trust) may include:

  • Real estate, such as your home and rental property
  • Checking and savings accounts
  • Business interests
  • Other investments

Whether you, the grantor, have control over the trust during your lifetime depends on the type of trust. A trust can either be revocable (changeable) or irrevocable. If the trust is revocable, you can adjust and even dissolve it at any point.

If the trust is irrevocable, or you pass away, the designated trustee manages and distributes assets according to your wishes. This distribution can occur without intervention from a probate court, which is why living trusts can be more advantageous than wills. Avoiding probate means your beneficiaries will receive your assets much more quickly and without additional probate expenses. It will also prevent your private matters from becoming publicized through the probate court system.

Most assets and property can be placed in a living trust except for certain ones, such as life insurance and specific retirement accounts. Per the instructions in the trust, property and assets can be distributed immediately, or the distribution can be scheduled for specific dates, such as birthdays. Should any of your family or beneficiaries contest how the assets are distributed, a living trust is also more likely to be enforceable as opposed to a simple will.

If you become ill or incapacitated, your trustee can also handle your affairs through a durable power of attorney, including an advance healthcare directive that advises your trustee on what kinds of medical care or interventions you do or do not wish to have administered.

A living trust has other benefits, such as allowing you to provide for your spouse, children, and grandchildren while protecting all inheritances from the courts and creditors.

For help protecting your family with a living trust, contact our Bowie living trust lawyers online or at (301) 900-5940 today.

What Sets Us Apart?

Our Bowie attorneys have built a reputation for excellence among judges, bankruptcy trustees, and our community. We have decades of combined legal experience, which we put to work every day for each client.

What truly allows us to succeed, however, is not our qualifications and years of practice—it is our deeply personal commitment to building real relationships and better futures. You can trust us to invest our time, energy, and resources into your case because client care is our passion and our purpose.

  • Over a Decade of Experience

    Over the last 10 years, we have developed a relationship with the trustees and judges in the area, helping to get the top-quality representation you deserve.

  • Streamlined Process

    We have streamlined our legal processes so preparation and processing are as efficient as possible and the result is what you are looking for.

  • Premier Client Care

    From start to finish, our aim is to provide excellent service to our clients. You are never just another case.

  • Free Consultations

    Whether in-person, over the phone, or virtual, your first initial consultation with us is 100% complimentary.

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  • Avvo 2018
  • Avvo Clients' Choice Award 2019
  • America's Most Honored Professionals 2019
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  • Alliance of Black Women Attorneys
  • 2019 Lawyers of Distinction

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