In an effort to protect the health of our clients, employees, and communities from potential impacts of COVID-19, we are holding virtual meetings (via telephone) as an alternative to traditional face-to-face meetings. The quarantine does not need to stop you from getting the legal help you need and we are available to help entirely virtually! Feel free to reach out for a Free Virtual Consultation.

In order to express our gratitude and appreciation to all of the healthcare workers and first responders helping our communities, we want to extend a discount to each of them and their families on any estate planning services to help them protect and care for their own loved ones.

Over 90 Years of Combined Experience Credentials, Compassion and Commitment Make Us the Clear Choice

Living Trusts

Troy Estate Planning Attorneys

Creating a trust for your assets is a valuable estate planning tool, and our experienced estate planning attorneys serving in Troy, Oakland County, and surrounding areas can help you develop customized revocable living trusts All trusts involve trustees (those who own the trust) and beneficiaries (those who will benefit from the trust).

Think a living trust might be right for you? Contact Barron, Rosenberg, Mayoras & Mayoras today to learn more.

What is a Revocable Living Trust?

A revocable living trust is created and used while you are living. It lets you maintain control of property as long as you’re mentally competent, and it can be modified as your circumstances and wishes change. For example, if you set it up when your children are young, there may be provisions in the trust that put an age limit on when they can receive their trust benefits. As you and your children age, this clause can be changed, or revoked, with little process.

There are many reasons that clients choose to use Revocable Living Trusts to manage their estates:

  • Privacy – asset information is kept private
  • Estate planning – it clearly defines the trustee’s wishes for property beneficiaries
  • Asset protection – with a trust in place, costly probate proceedings are avoided after death
  • Minimize estate taxes – the trust continues even after a trustee dies, so most estate taxes are avoided
  • Children with special needs – a trust is a great way to manage the funding of care for a special needs dependent, especially after the parent is gone

Putting your assets into a trust while you are alive and well helps your family avoid probate proceedings after you pass. In fact, revocable living trusts are sometimes substituted for a will due to their easy administration after death.

We Serve Oakland County & Surrounding Areas

The Troy estate planning attorneys at BRMM can advise you on how to protect your assets and your loved ones throughout your life and after you have gone. Contact us today to get started protecting your future.

Related Reading

The Expertise, Experience and
Excellence You Need

  • “My experience was very positive.”

    Former Client

  • “I was extremely pleased with all aspects of my service.”

    Former Client

  • “Excellent Estate Planning & Elder Law Attorney”

    Former Client

  • “Excellent”

    Former Client

  • “We want to thank you for your advice and assistance over the years with my mother and father.”

    Former Client

  • “I was very impressed with three things: 1) the timely return of phone calls, 2) the speed at which our paperwork was ready to be signed, and 3) the follow through (i.e. helping change our assets into the name of the trust).”

    Former Client

  • “I felt a personal connection with every member of the firm I had contact with.”

    Former Client

  • “Thank you all so much. We feel every aspect, and then some, has been addressed to fully meet our needs.”

    Former Client

  • “We want to thank you for your advice and assistance over the years with my mother and father.”

    Former Client

  • “If you had been any more supportive, you would have had to move in with me!”

    Former Client

  • “You are indeed one of a kind.”

    Former Client

  • “Thank you for a PHENOMENAL experience.”

    Former Client

  • “The team at Barron, Rosenberg, Mayoras & Mayoras P.C. are just good, knowledgeable and honest legal counselors.”

    Former Client

  • “Highly Recommend!”

    Former Client

  • “It is a breath of fresh air to find someone concerned with people and families first!”

    Former Client

BRMM Blog

  • Why Do You Need Durable Powers of Attorney in Your Estate Plan?
    Why Do You Need Durable Powers of Attorney in Your Estate Plan? read more
  • Michigan Guardianship Visitation Law Authorizes Court Appointment of Limited Guardians
    Michigan Guardianship Visitation Law Authorizes Court Appointment of Limited Guardians read more
  • Estate Planning For a Child With Special Needs
    Estate Planning For a Child With Special Needs read more
  • What Happens If Family Members Disagree About Care of an Elder Parent?
    What Happens If Family Members Disagree About Care of an Elder Parent? read more
  • What Is the Role of a Trust in an Estate Plan?
    What Is the Role of a Trust in an Estate Plan? read more
  • How Do You Remove a Trustee in Michigan?
    How Do You Remove a Trustee in Michigan? read more
  • Wills & Estate Plans Are More Necessary Than Ever During Covid-19
    Wills & Estate Plans Are More Necessary Than Ever During Covid-19 read more
  • Remote Notary Services in Michigan
    Remote Notary Services in Michigan read more
  • Estate Planning During a Pandemic: Why You Shouldn't Do It Yourself
    Estate Planning During a Pandemic: Why You Shouldn't Do It Yourself read more