Thinking of buying a new home? Think about protecting it!
If you are in the process of buying a home or have just bought a home, it is probably the largest asset that you now own. It’s time to protect it. The best way to protect your home is to put it into trust. By creating a trust (or estate plan), you can give yourself a great way to protect your assets from probate, estate taxing, and creditors. You can name your trust something other than your surname, which in itself makes it difficult for creditors to prove that the home is yours. Additionally, the creation of a trust allows protection from probate if something happens to you, and if you are married also allows you to double your estate tax exemption. For more information about trusts, please contact our office for a free legal phone consultation.