Revocable Living Trust
Set up a revocable living trust for your family’s privacy and legacy today!
What is a Living Trust?
A living trust is a legal document that allows you to manage your assets while you are alive and distribute them to your chosen beneficiaries after your death, allowing you to avoid the probate court process and maintain control over your property even if you become incapacitated; essentially,
Why is it needed?
By creating a living trust you are creating necessary protection for your family. Whether you own a single vehicle or a portfolio of rental properties, everyone should have a trust. When you have a trust your assets can be passed along right to your loved ones without government or court involvement.
How does Yokeasy help?
Yokeasy is the #1 marriage brand in the world. We are experts at ensuring each of our family’s legacy is preserved through the harshest of life’s moments. No other marriage brand on the web has empowered as many couples as Yokeasy. Your legacy is our mission!
Why should you create a Living Trust?
Probate Avoidance: Leaving your family without a trust causes your family to go through the inconvenient probate process. To the contrary, when you pass on with a trust, your family avoids probate all together.
Privacy: A trust is kept private during the time when you have passed and your asset distribution is underway. To the contrary, a will is made public during probate which solicits unwanted predatory personalities.
Asset Distribution Control: A trust gives you the authority over who receives your assets upon your passing. You get to declare where when your assets are distributed. Many parents get to control the ages and the amounts of asset distribution to their children through a trust.
Guardianship Provisions: You may leave minor children behind. In this situation you may need to appoint guardianship of the assets. A living trust can ensure your minor children can be taken care of according to your wishes.
Legal Challenge Protection: A living trust is less likely to be successfully challenged than a will. This means that a trust offers more protections to preserve your legacy
Tax benefits: A living trust can preserve more of your assets for your children’s inheritance leaving very little for taxation. The size of your estate does have a determining factor on potential tax liability.
2/3
Die without a plan in place and leave their assets to probate.
14
The average probate takes over 14 months to work through.
35%
Over 1/3 of all deaths result in their family member suing each other.
$2 Billion
Amount of assets placed in to probate annually.
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Benefits of using a Yokeasy Living Trust
Why Yokeasy is the #1 choice for creating a living trust.
Simplicity
Yokeasy has created a very simple process that allows you to create a living trust within 24 hours.
Customizable
Your living trust can be updated at anytime your circumstances may change.
Inexpensive
Yokeasy living trusts start at only $99. You can choose more complexities which does add cost.
Controlled by You
You have absolute control of your living trust. Since it is a private document, you do as you need with it.
Simple Update
Yokeasy Living Trusts are easy to maintain and update as needed. We can help with annual updates.
Safe/Secure Storage
While you maintain copies of your trust, Yokeasy stores them as well. Contact us at anytime for retrieval.
Common Questions
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A Living Trust is a personal entity that you create and place your assets into. It is like having an LLC without receiving the liability protections of an LLC.
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Living Trusts have no owners. They are controlled by their creator (you) by way of a trustee and beneficiaries. Along with this, a set of rules put in place by you.
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Probate is the legal process of settling an estate after someone dies. It involves reviewing assets, paying debts, and distributing assets to beneficiaries.
The process allows court and lawyers to make decisions for you after your death.
Each year, multiple billions of dollars are lost by families to probate fees. A Yokeasy Living Trust allows your assets to go exactly where you choose without interference of lawyers and court proceedings.
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Item description
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For the most part, anytime that a document can be continuously updated as needed. Because of this, the document is considered to be “living”.