Coogan Smith, LLP

Toggle site navigation
Call (508) 222-0002 to discuss your needs.

Frequently Asked Questions: Estate Planning & Probate

Do I need a Trust?

It depends.  A revocable trust is an effective means to allow for your property to pass outside of the probate court, to provide for a prolonged, and specific, administration of assets for your designated beneficiaries when necessary (such as with young and/or disabled beneficiaries), to lawfully avoid estate taxes up to a set threshold, and to provide for a more private administration and distribution of your property that is outside of direct probate court oversight and is not a public record.  In addition, a revocable trust is amendable and revocable during a donor’s life, and therefore can be changed or terminated as a donor’s situation changes.

« Back to Estate Planning & Probate FAQs