Cincinnati living trust attorneys at Zimmer Law Firm will provide you with help understanding your options for transferring money and property after you pass away. While many people assume they can just use a last will and testament to transfer their wealth, the reality is that transferring money and property using a will can be a very slow and expensive process. A trust could be a better solution for many families.
Zimmer Law Firm can work with you to evaluate your family’s specific needs and to determine what method of transferring wealth works best given the assets you own and your heirs or beneficiaries. We can also help you to create a legally valid trust document if you wish to transfer your assets via the trust administration process. And, our firm can also provide assistance to those who are going through the process of transferring money and property to new owners after their loved ones have passed away. To find out about the help we can offer you, give us a call today.
How Cincinnati Living Trust Attorneys Help to Facilitate the Timely Transfer of Assets
Cincinnati living trust attorneys help to facilitate the timely transfer of wealth in a few important ways. First and foremost, we help clients to create legally valid trusts and to transfer their money and property into those trusts. When assets have been transferred into a trust, the money and property can pass through the trust administration process instead of probate. While probate can take months to complete, the trust administration process typically only takes a few weeks to finish unless serious problems arise.
Because the trust administration process does not involve court proceedings, the trust administrator can facilitate the transfer of wealth very quickly to heirs or beneficiaries so they can move on with their lives. There is no need to wait for hearings to be held before money and property can change hands.
It is also much harder for anyone to successful contest a trust, and it is less common for people to try to contest trusts because of it. Since estate litigation can drag on for a very long time when a will is contested, trust administration can be much quicker.
Zimmer Law Firm can also provide assistance facilitating the timely transfer of wealth through the trust administration process by representing the trust administrator or representing potential heirs or beneficiaries who are going through the probate process. The trust administration process allows wealth to transfer quickly only when those who are overseeing the process know what is involve, complete the requirements, and work effectively to provide appropriate notice and to get titles and deeds changed so property can move on to the new owners who were designated as trust beneficiaries.
When an attorney helps to facilitate this process, a lawyer can keep things moving because an attorney knows Ohio laws and can offer guidance on next steps in the process. An attorney can help to take care of any paperwork that needs to be done to move money or property. And the involvement of a lawyer helps to reduce the chances that a problem will develop that would require court action and make the process take longer.
You want money and property moved quickly after a death, whether you are the person leaving the money behind who wants to provide for loved ones or whether you are one of the potential heirs or beneficiaries. Getting the right legal advice to make that happen just makes sense.
Getting Help from Cincinnati Living Trust Attorneys
Cincinnati living trust attorneys will work closely with you you to determine if trust creation is the best process for you to ensure your assets are transferred quickly and your loved ones are protected. We can also provide you with personalized help-and-advice regarding the effective use of all different types of legal tools designed to help you provide for your loved ones after you pass on.
To find out more about how our firm can assist with creating a trust and more, join us for a free seminar. You can also give us a call at 513-721-1513 or contact us online at any time.