Office: Jamie JamieMathisLaw. San Antonio, TX The Law Office of. Jamie M. Crosby's comments titled 'Fired! No one will take care of you the way that Mr.
Martinez will. Unfortunately, I made quite a few bad choices when I was younger and thankfully, Mr. As a professional in my field I provide and expect first class service to get the job done, and get it done right the first time. With that being…. Since being here at the firm, I have had awesome experiences.
They welcome me with open arms and smiling faces. They were always asking how my well…. Best Probate and Family Law attorney out there! He has a wonderful disposition. Just beware, the wrong phone number is listed so only call…. My husband and I used this firm a few years ago for a will and medical power of attorney. The attorney, Eric Ashley, made the process much less…. What Is a Trust? Revocable Trusts and Irrevocable Trusts There are many types of trusts and a major distinction between them is whether they are revocable or irrevocable.
Call Us Today How Can We Help You? Recent Posts. Preparation is Key Estate planning is all about being prepared Read more. Blog Contact Us Reviews. Professional planning with your goals and concerns in mind will help ensure your wishes are followed. A living trust is a popular option for many families to set up the transfer of real estate, vehicles, and investments when the owner passes away. These are attractive options as part of an asset management strategy because they are revocable.
If you use this type of trust, you will maintain control over the property it holds. Those assets will immediately transfer to your beneficiaries in the event of your death. You can revoke it at any time. And because these living trusts are not public record, you can enjoy a level of privacy a will does not provide. Revocable trusts are also sometimes referred to as living trusts because they are essentially describing the same thing.
This trust allows you to retain total control over the held assets and revoke it at any time. You can also change its terms throughout your lifetime, though once you have died, it becomes irrevocable. An irrevocable trust is the opposite in terms of management and flexibility.
While this may sound like a bad idea, there are several reasons to elect an irrevocable trust asset protection strategy. One advantage is that assets in an irrevocable trust are no longer owned by you.
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