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With a living trust from Michael A. Ross Law of Canton, OH, you have the ability to leave specific instructions, control the timing of your support, and preserve the lifestyle for your loved ones, all while avoiding private.
Simply put, a trust is a written agreement that specifies how and when the assets it holds will be given to beneficiaries. The person the trust creator selects, known as the trustee, is required to carry out the directions in the trust regardless of whether the assets are real estate, personal property, commercial interests, or financial accounts. These guidelines may guarantee that the trust creator's desires are carried out even after his or her passing. This after-death control, sometimes known as "dead hand control," might be very important to safeguard the beneficiaries from situations that a straightforward will is typically unable to handle.
The majority of trust creators appreciate the advantages of using a trust to delay distributions until the beneficiaries reach specific ages, achieve certain milestones, or make sure they continue to be eligible for government benefits while also having assets available for the "extras" that the government won't pay for.
If you are in need of this legal service, call Michael A. Ross today. We would be more than happy to assist you with your needs.
In need of an legal advice? Contact us today by calling 216-496-6475.
CONTACT INFORMATION
Phone: (216) 496-6475
Email: contact@mikearosslaw.com
Address: 4700 Dressler Road Northwest
Canton, Ohio 44718
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Ohio State Bar Association, Graduate Cum Laude Graduate of Gates Western College
Summa Cum Laude Denison University