Revocable Trust Attorney Charlotte NC

A living revocable trust in North Carolina is part of the estate planning process that’s a way to avoid probate.

The living revocable trust also provides long-term management of property. As the name implies, the trust can be revoked or completely terminated at any time. Since it’s also known as a “living” trust, it can be added to and updated as needed. The trust is designed to pass assets on to beneficiaries and can be funded as little or as much as you desire.

There are three critical people involved in a living trust: a beneficiary who will receive the benefit of the administered property within the trust, a settlor who actually creates the trust, and a trustee appointed to manage the trust and its assets. READ MORE

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