Tim Hurban 2024" width="1024" height="941" />Tim Hurban 2024" width="1024" height="941" />
Many believe that creating a Revocable Trust in Georgia is a complex and costly process, but the reality is quite different. Creating a Revocable Trust is a vital step in managing your assets effectively, offering not only the flexibility to amend or revoke the trust as your circumstances change but also providing a seamless transfer of assets upon your passing. Often, clients come to us believing their financial situation is too straightforward to benefit from a trust, saying, “My assets are straightforward; a simple will should suffice.” However, they soon discover that the strategic advantages of a Revocable Trust—such as avoiding probate, maintaining privacy, and managing assets during incapacity—can apply to estates of all sizes. With over 15 years of experience at Hurban Law, LLC, serving the communities of Lawrenceville and Gwinnett County, Georgia, we are committed to providing exceptional, personalized service. We guide each client through the process of creating and managing their Revocable Trust, ensuring that it aligns perfectly with their personal needs and family dynamics.
A revocable trust is a legal document created by an individual (the grantor) during their lifetime that can be altered, changed, or revoked entirely. This flexibility allows the grantor to maintain control over their assets while they are alive and arrange how these assets are to be managed and distributed after their death.
Revocable trusts do not provide tax advantages during the grantor’s lifetime. The assets in the trust are treated as if they belong to the grantor for tax purposes.
