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Learn your legal options and protect yourself!
A Revocable Living Trust is a legal tool that allows you to pass assets to named beneficiaries, subject to your conditions, while avoiding the burden of probate. It is sometimes referred to as a Living Trust or an Inter-vivos Trust, and can also go by other names.
Creating a Detailed Revocable Living Trust
The Revocable Living Trust is normally amendable and revocable by the person who initially contributes assets to the trust, the Trustor. While the Trustor retains control over the revocable living trust, the trust itself remains a flow-through entity, meaning there are no additional tax returns filed.
At the death or incapacity of the Trustor, the nature of the trust changes and the terms become irrevocable, thereby locking the instructions and distributions in place. The Trust is then administered by the Trustee in a process outside of probate where the assets are distributed in accordance with the Trustor’s wishes.
Top Reasons People Need a Trust
- You can avoid probate.
- You can make changes until the Trust becomes irrevocable.
- You can eliminate or reduce estate taxes.
- You maintain your privacy.
How Can We Help?
When faced with a complex legal matter, it is extremely important to retain the immediate representation of an experienced attorney. Due to the serious nature of your case, we advise you against navigating through the legal system alone. We know how to achieve your goals and would be proud to offer you the exceptional legal representation that you deserve.
Contact our office today for your Free Consultation!
The Law Office of J. Mitchell Padilla is ready to help. Call (928) 212-1421 to schedule your Free Consultation and find out your legal options today.
Schedule Your Free Consultation Today
Regardless of your exact legal needs, you should speak with someone who has the experience, passion and determination to guide you through the technical details of the legal process. Organization and timing is a crucial matter when filing documents and scheduling court hearings, often being the deciding difference between success and failure. We encourage you to schedule a Free Case Evaluation as soon as possible.
Allow us the opportunity to explain the legal process and see what we can do to help.
WHY HIRE MITCH PADILLA?
Former Assistant Attorney General
Mr.Padilla represented the State of Arizona for almost 12 years as an Assistant Attorney General. During that time, he looked out for the safety of children and the welfare of families across Northern Arizona. Mr.Padilla promises to bring that same passion and commitment to you as your attorney.
US Navy Veteran
Experienced Legal Career
- Management at Pacific Telephone.
- Pro bono Hearing Examiner & Immigration Attorney 6 years.
- Northern Arizona Assistant Attorney General for 12 Years.
- That's 19+ Years of Legal Experience On Your Side!
Relationships and respect. Read what our wonderful clients and awesome associates have to say about us.
J. Mitchell Padilla is a qualified, competent, knowledgeable, and effective attorney who I highly recommend to anyone looking for satisfactory legal representation. He is a genuine, down-to-earth individual who listens to and assesses the needs of others. I wholeheartedly recommend Mitch to those looking for an experienced and caring attorney.
Mukai, Fellow Attorney
Janette Lee, Satisified Client
102 E Union St
Prescott, AZ 86303
Committed to Crafting the Best Defense Possible
When faced with a complex law matter, it is extremely important to retain the immediate representation of a trusted attorney. Due to the serious nature of your case, we advise you against navigating through the legal system alone. We know how to achieve your goals and would be proud to offer you the unmatched level of exceptional legal representation that you deserve. We are fully equipped to provide you with the zealous, compassionate, and dedicated legal representation that you need.