Tuesday, July 31, 2018
A revocable trust is a written legal document through which your assets are placed into a trust during your lifetime and then transferred to designated beneficiaries at your death. While revocable trusts are similar to regular trusts, there are some key distinctions. A revocable trust is considered a more effective estate planning tool than just a last will and testament.
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Wednesday, April 26, 2017
Whenever you own a home and have a mortgage, it can become tricky when it comes to retitling your home. You may wish to retitle your home for various reasons: you want to have a tenancy by the entirety to have additional asset protection, you may want to put your home in some kind of trust. The most common type of trusts that people put their home into are revocable living trusts.
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The Law Offices of Rick Todd has offices located in Columbia, Chevy Chase, Fairfax, Virginia, and Maryland and serves clients throughout Clarksville, Columbia, Ellicott City, Fulton, Rockville, Bethesda, Potomac, Laurel, Howard County, Montgomery County, and Washington D.C.