” My parents need to create a living trust”
On behalf of your parents – Thanks for helping! Kick-starting the online research is the first step. I often hear from children whose parents need to create a living trust. This often happens when language barriers exist, unfamiliarity with online research exists, or the parents simply want some help and the children are a pretty good resource to turn to. Regardless of the circumstances, Ryan-Cruz Law, APC can help your parents create a living trust and estate plan in order to help your parents determine:
- Who will manage their money (house, car, bank accounts, investments, and similar) if they are alive and cannot do so themselves?
- Who will manage their health care decisions if they are alive and cannot do so themselves?
- Who will manage their money when they die?
- Who will manage their money when they die?
Most of these questions are not exactly the topic of nightly dinner conversations. But it is important to consider these questions as well as the possible answers to these questions. These 4 main questions can be simple for some while incredibly challenging for others. All sorts of variables and life circumstances are discussed and analyzed in order to determine solutions for you and your family.
If your parents need to create a living trust, contact us for a consultation. Consultations are typically handled with you and/or your parents as follows:
- You email or call in.
- We connect by phone to first determine a living trust is what your parents need.
- We meet either in office or by Zoom to discuss the matter. We explain the topic and you ask your questions. Once we know what your parents needs are, the assets involved, and the circumstances involved, a quote can be generated.
- Thereafter, we work together when you are ready to proceed.
When assisting children and their parents with creating a living trust and estate plan, most of the information up front can be communicated to the child helping a parent. However, instructions about what goes into the drafted documents is always obtained from the parents directly.
Wishing your parents a healthy, prosperous life!
