Coming soon!
Set up your living trust online!
Avoid probate, complex processes, and expensive attorneys with BetterEstate. Our AI makes estate planning with online trust convenient, ensuring your wishes are honored. Sign up on our app today!
Coming soon!
Set up your living trust online!
Avoid probate, complex processes, and expensive attorneys with BetterEstate. Our AI makes estate planning with online trust convenient, ensuring your wishes are honored. Sign up on our app today!
What is a trust?
A trust is a legal arrangement that helps you ensure your assets are managed efficiently and will be passed down to the beneficiary seamlessly. Setting up a trust requires careful planning that includes identifying the assets you wish to include, selecting a trustworthy trustee, and determining the beneficiaries. Alice, our digital estate expert is here to help you every step of the way. From addressing your concerns to online trust creation, she is your guide to achieve peace of mind.
Meet Alice: the world's first digital estate assistant
Let Alice guide you in every step of your estate planning. She’s ready to help you create a legally-compliant trust that caters to all your goals and wishes.
Skip $300/hour lawyer fees when Alice offers FREE professional consultation. Get your questions answered quickly, available 24/7, no charges.
Alice assists in setting up tailored estate plans that include all your objectives, needs, and wishes.
Wills and trusts undergo a final review for legal validity and compliance with state laws.
What our trusts include?
Our goal is to streamline your estate planning with a living trust that reflects your goals, interests, and wishes. Here are the features that distinguish our trust creation process from other generic means:
Personalized
Customized to fit your estate planning
goals.
Lawyer-grade
Designed to provide the highest level of
legal protection.
State-compliant
Structured to help minimize estate taxes and optimize asset transfers.
FAQs
What is the difference between a trust and a will?
A trust and a will are both estate planning tools, but they serve different purposes. A will outlines how your assets will be distributed after your death. Wills also go through probate, which can be time-consuming. In contrast, a trust allows for the management and distribution of assets during your lifetime and after your death while avoiding probate. Trusts offer more privacy, can provide asset protection, and allow for more control over when and how beneficiaries receive their inheritance. Want to know more about trusts and wills? Feel consult with Alice.
What is the difference between revocable and irrevocable trust?
A trust and a will are both estate planning tools, but they serve different purposes. A will outlines how your assets will be distributed after your death. Wills also go through probate, which can be time-consuming. In contrast, a trust allows for the management and distribution of assets during your lifetime and after your death while avoiding probate. Trusts offer more privacy, provide asset protection, and allow for more control over when and how beneficiaries receive their inheritance. Want to know more about trusts and wills? Feel free to chat with Alice.
What is probate?
Probate is the legal process through which a deceased person's estate is administered and distributed. It involves validating the deceased's will, if one exists, and appointing an executor or personal representative to manage the estate. During probate, the executor identifies and values assets, pays debts and taxes, and distributes the remaining assets to beneficiaries. This process can be time-consuming and may involve court supervision. Avoiding probate through trusts can streamline asset distribution and maintain privacy for the deceased's heirs. Need more guidance? Chat with Alice any time and she’ll cater to all your concerns regarding estate planning.
Do trusts require court probate?
No, they don’t! One of the main benefits of establishing a trust is that it allows assets to be transferred directly to beneficiaries without going through the probate process. This means that the distribution of assets can occur more quickly and privately. By placing assets in a trust, the grantor retains control during their lifetime, and upon their passing, the trust assets are managed according to the trust's terms. For more guidance or to create a trust online, reach out to us at your earliest convenience.
When should I update my trust?
You should update your trust whenever there are significant life changes, such as marriage, divorce, the birth or adoption of a child, or the death of a beneficiary. Additionally, if you acquire or sell major assets, such as real estate or investments, it's essential to revise your trust at that time as well. Changes in laws or tax regulations may also necessitate an update. Regularly reviewing your trust ensures it aligns with your current wishes and circumstances. Our simple and efficient processes ensure you can update your trust easily. Feel free to consult with Alice if you need any more information.
Is notarization required for trusts?
Notarization is usually required for most liiving trusts. While some states may allow a trust to be created without notarization, it is often necessary for holding real property. Furthermore, many banks and financial institutions mandate notarization to accept the trust for asset management. To ensure your trust meets all legal requirements and is recognized by institutions, it’s advisable to have it notarized. Need help? Alice is always available to assist and guide you – chat today!
How long does it take to complete a trust?
The time it takes to complete a trust can vary based on several factors, including the complexity of the trust and the assets involved. Whether revocable or irrevocable trust, we ensure the whole creation process is fast and seamless. No need to wait for days or weeks – sign up with us and let us speed up everything. Get started today and complete setting up a tailored, lawyer-grade trust in minutes.