If you are searching for trust lawyers near Phoenix, AZ, Ogborne Law can help. Our law office is located at 5020 E Shea Blvd Suite 240, Scottsdale, AZ 85254 inside the Paradise Valley Plaza.
Estate planning is a process where you create a safety net to protect your family, your assets, and yourself from life’s unexpected events.
At Ogborne Law, we believe that effective estate planning addresses a wide variety of issues to protect what really matters to you.
What is a Living Trust Arizona?
As part of estate planning services, a living trust in Arizona is a legal document that will allow you to transfer your assets into a trust. You can continue to control and use the assets during your life. After your passing, your assets are transferred to your beneficiaries.
Revocable Living Trust Arizona
A revocable living trust in Arizona can be terminated or altered by you, (the trustor). It is a “living” revocable trust because it’s created while you are alive.
Your trust will be managed by your trustees. You are appointed as the initial trustee to retain control over assets while you are alive or able to make decisions. If you pass or are unable to make decisions, your trustee will follow the instructions of the trust.
You must list beneficiaries in your living trust before you pass to avoid probate. Assets that can be transferred into a trust include:
- Property (personal or real estate)
- Bank accounts
- Investments after tax
Trust Lawyers in Phoenix, Arizona
Ogborne’s trust lawyers in Phoenix, Arizona can help with creating many different types of trusts in Phoenix and surrounding areas. Here at Ogborne Law, we are proud to include estate planning among our services. Your attorney will work closely with you to draw up all the documents you’ll need to communicate your wishes to the court.
How Much Does a Living Trust Cost in Arizona?
On average, a living trust in Arizona will cost about $1,250 with average prices ranging from $1,000 to $1,500. According to LegalZoom, “The cost for an attorney to draft a living trust can range from $1,000 to $1,500 for individuals and $1,200 to $2,500 for married couples.”
*Disclaimer – These fees are always changing, and this is not an actual quote. If you need an experienced estate planning attorney contact Ogborne Law to start your initial consultation.
Different Types of Trusts in Arizona:
The different types of trusts in Arizona include:
- Charitable trusts
- Domestic Asset Protection Trust
- Dynasty trusts
- Irrevocable trusts
- Life Insurance Irrevocable trusts
- Minor Trusts
- Revocable Living trusts
- Special needs trusts
- Spendthrift trusts
Ogborne Law Can Help With Estate Planning in Phoenix, Arizona
Here at Ogborne Law, we are proud to include estate planning among our services. Your estate planning attorney will work closely with you to draw up all the documents you’ll need to communicate your wishes to the court. We’ll take the time to answer all of your questions and guide you through this important process. If you’re ready to start your consultation with Ogborne Law, visit our Estate Planning Consultation request page.Contact Ogborne Law today and let us show you how we can help protect your kids and your family.