Durham Trusts Lawyers
40+ Years of Trust Administration Experience in Durham
A trust is one way to help your loved ones avoid probate court following your death. Essentially, a trust arranges for one person, the trustee, to hold the legal title to the assets for another person, the beneficiary. You can serve as the trustee for your own living trust during your lifetime and maintain total control over the property that is held in the trust.
Our Durham trusts lawyers at Walker Lambe, PLLC can help you evaluate whether a trust is the right option for you and your family. We take into account your assets, family situation, and other factors in order to provide a legal solution that is customized to your needs. With more than three decades of experience, our firm can anticipate any potential pitfalls and work to overcome the legal issues you face.
Benefits of a Living Trust: Why Consider a Living Trust in Durham?
Creating a living trust may take some effort in the beginning, but it is worth it in the long run.
Key Advantages of Establishing a Living Trust:
- They are relatively easy to modify and can be updated throughout your life.
- They ensure that your wishes are carried out by your successor after you pass.
- They have the ability to support family members according to their unique needs.
- They can stipulate why, when, and how your loved ones can access assets.
In addition, you can create clauses that would protect your estate from depletion due to creditors or other parties. If you have a loved one with special needs, you can create a plan for their care that keeps your assets safe. Ultimately, a trust is an excellent way to protect your estate from losses while customizing the distribution of your assets to your wishes.
Ready to Secure Your Estate? Contact Our Durham Trust Lawyers at (919) 493-8411 for Personalized Guidance.
Why Choose Walker Lambe, PLLC?
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We're here with you through the long haul. When life changes arise, we'll be here to help you navigate those changes wisely and effectively.
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At Walker Lambe, we are not only passionate about law, we believe in building close, long lasting relationships with our clients.
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We don't believe in a one-size-fits-all approach to your estate planning or business needs. We focus on understanding your situation in order to develop unique solutions to meet your goals.
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Having served families and businesses in Durham for over 40 years, there isn't much we haven't seen.