Montana Living Trust Attorney

Are you a Montana resident thinking it is time to make some decisions about what to do with your estate when you pass away? Have you made a will and have you considered placing your assets into a living trust? If so, now might also be the time to start looking for a Montana living trust attorney.

A living trust is a legal document that takes precedence over your will. A will is still needed for some matters but most of your assets will be placed into your trust. By creating a living trust you may be avoiding probate court and, depending on the size of your estate, you could avoid certain federal and state taxes.

The biggest tax advantages are for estates worth over a million dollars. There are, however, other advantages to consider. A living trust cannot be contested the way a will can. A correctly written trust will assure your wishes are carried out uncontested. If property from outside the state of Montana is placed into the living trust it will avoid probate in those states.

As mentioned above, a living trust does not take the place of a will. A will determines who will get custody of the children, the pets, and it will also govern the division of any property not included in the living trust.

With the help of sites like Legalzoom.com you could create a living trust on your own. Visit this site for more helpful information like books, forms and software.

Make Your Own Living Trust

Hiring a professional to create your living trust could save your heirs from probate and other expenses. An incorrectly written trust could result in many problems after your death. Professional estate Lawyers can also advise you about the best tax saving strategies. In Billings, Great Falls and many other towns there are Montana living trust attorneys waiting to answer your questions.

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