North Shore Relationship Property Lawyer – How They Can Help
What Does A North Shore Relationship Property Lawyer Do?
A North Shore relationship property lawyer focuses on the area of law that regulates the division of resources and assets when a union dissolves, either through divorce or separation. They provide legal advice to help their clients understand the laws related to the splitting of property gained during their relationship. They can also carry out the division and allocation of those relevant assets.
Below are some typical ways in which a North Shore relationship property lawyer will help their clients.
A relationship property lawyer offers advice and guidance for people in the midst of a separation or divorce. Their purpose is to provide an understanding of one’s rights and obligations with regards to property ownership, considering the applicable rules and regulations.
The lawyer helps clients to identify and analyse their assets, both individual and shared, to see which are required for consideration for division. This might include tangible items such as real estate, investments, bank accounts and vehicles; or intangible possessions including businesses, pensions, etc.
When appropriate, a lawyer might need to seek the assistance of experts such as property valuers or accountants to come up with an unbiased and reasonable calculation of certain property or assets. This is particularly so in cases when its value is contested or hard to ascertain. This is essential to achieve an equitable balance of the division of property.
The lawyer works to protect their client’s interests and reach a mutually agreeable outcome throughout negotiations with the other side or their legal support. The agreement will take into account factors such as financial contributions, future needs, and any children’s welfare when splitting assets.
Relationship property lawyers draft important legal documents, such as property settlement agreements, consent orders, or separation agreements. These documents delineate the terms of asset division that were agreed upon and it is essential for them to be legally binding. This can also include the transfer of ownership of certain assets, most commonly a house where one party will continue to live.
If an agreement cannot be achieved through negotiation, a lawyer may act as the client’s court representative to pursue a just division of property. They defend their client, offer relevant legal evidence, and strive for fairness before the judge. This is also common in regards to ongoing childcare.
Relationship property lawyers can often provide assistance to clients by helping mediate or participate in alternative dispute resolution processes. This can be an effective approach for those wishing to settle their dispute outside of the court system, as it reduces costs and helps encourage constructive conversations, thereby leading to more amicable agreements.
A North Shore relationship property lawyer is vital in safeguarding their client’s interest, seeking a just and reasonable division of assets during divorce or separation. They present legal wisdom, help clients traverse the legalities and endeavour to ensure that the result attained complies with all applicable laws while optimising the outcome.
McVeagh Fleming has an extensive team of lawyers who can help with your separation or divorce, and the division of matrimonial assets.
Typical Divorce Costs – Different Options – Auckland Divorce Coach
An Auckland Divorce Coach Gives Ideas On Separation Costs
The statement after deciding on getting a divorce to “lawyer up and fight” is not always the answer. It is an emotional and costly process. Rather, you should invest time in understanding both the process and available options. A wise decision can save you from unnecessary damage both mentally and financially. Below an Auckland divorce coach gives some different ideas.
What Is The Process Of Getting A Divorce?
This is a hard time, so it is important to be patient and talk to someone who knows the process of getting a divorce. Every divorce has different complexities, but the steps for finalizing the separation remain unchanged. Taking a deep breath and consulting an experienced individual can help you determine what will work best in your particular situation.
Gaining the necessary understanding and knowledge of the process can give you a sense of control and empowerment. Despite potential reversals, being well-informed will help you to navigate any bumps in the road that you may encounter.
It is a good idea to know how to navigate a potential conflict situation with your partner. You will probably know their hot buttons and what makes them react in certain ways. Knowing this allows you to focus on the areas they may resist and come up with alternatives that are less likely to cause problems.
Staying true to yourself and what you feel is right can also make it easier to stay on course. By doing so, it reduces the chance of being thrown off course by words from others – even your partner – regarding what they believe you are entitled to.
A Divorce Does Not Have To Be Expensive
One man told an Auckland divorce coach that he had spent $50k on his divorce, but this was nothing compared to what others spend. One person reported spending a staggering $150k, while another revealed they had gone through with a divorce costing them $500k! It appears that such huge amounts of money, alongside multiple court applications and the various appeals procedures, are quite common.
The cost of divorce can be high, particularly when a couple needs court guidance with complex issues. However, a common cause of high-cost divorce might instead be the dysfunction in the relationship. This might simply be that one or both parties refuse to get over their animosity. Another is trying to deal with a personality disorder, such as a narcissist or other high-conflict personalities. To avoid this and to divorce in minimal time and cost it is necessary to know the process and recognise that both parties have equal rights to any relationship property. Do not try to bully your way to having more than a 50% share. This will only increase the divorce lawyer fees.
Auckland Divorce Coach
A divorce coach is an invaluable resource for managing the divorce process. Their role is to provide in-depth knowledge and guidance concerning the different types of divorces. They will any documentation requirements for the division of the joint assets. They can also advise on important issues like childcare, which is often a big stumbling block for separating couples. In other words, an Auckland divorce coach helps you take control of your life again during this transitional phase and put you on a good footing for progress post-divorce.
Adrianne McLean at Reset Coach is one such person. Click the link for more details. www.resetcoach.co.nz
How A Manukau Business Lawyer Can Help Local Companies
Six Ways You Can Get Help From A Manukau Business Lawyer
Many businesses choose not to hire a Manukau business lawyer until they have a problem. Rather than being proactive about potential legal issues, they tend to concentrate more on other topics that have an immediate focus. These can include marketing, operations, and distribution, While these are key subjects in generating revenues and profits, it can be an expensive mistake to ignore some basic legal topics. Before you start a business, you should talk to a lawyer about any issues you face and the obligations that need to be met.
Below are five ways that a Manukau business lawyer can help companies and organisations in the south Auckland area.
Privacy Policies And Data Protection
With ever-increasing privacy rules and requirements, a Manukau business lawyer help businesses protect themselves by drafting privacy policies and documents. For example, if a business holds any details about its customers, then it will need a privacy policy describing how it will handle identifiable information. Even simple activities like a newsletter will need a privacy policy.
Forming A Business
The way issues are handled at the beginning of a business is a key factor in the success of that enterprise. A common example is that a might suggest structuring a business to limit the personal liability of the owners. Business owners should make sure their companies are on a sound legal base from the beginning.
Employment Contract (Agreements)
Businesses usually start as a single-person operation. As the business grows, the owners learn that a bigger workforce is crucial to the business’s success. Since all employees in New Zealand must have an Employment Agreement which is a binding contract, it is a good idea to have a lawyer draw up these agreements for you.
Staff Benefits
With the current labour shortages, businesses may want to offer more or better benefit packages. These might include more freedom to Work From Home, health care, the use of company assets, and bonus programmes. These may be subject to Fringe Benefit Tax so the business needs to include this in the tax deduction for PAYE. They will also have to explain the tax implications to their staff. A business lawyer in Manukau City can help draft any documents a company might need.
T
he Exit Strategy
In the euphoria at the start of an enterprise, few entrepreneurs think about how they will get out of the business. yet this is a crucial activity. It is never too early to think about an exit strategy from the business. A good business lawyer can advise on ways for the owners to either leave the business or to sell to another company. An experienced business lawyer will have worked with other companies and their exits and have good advice on what might suit your situation or business.
A Suggested Manukau Business Lawyer
There are a few lawyers in the south Auckland area but look for one that has plenty of experience working with local companies. McVeagh Fleming is a Manukau business lawyer that could help.
North Shore Interior Painter – Getting The Best Result
The Importance of Making Your Home Look Like New By a North Shore Painter and Decorator
Do you want to make your home look like new? Many homeowners think they can do every home improvement project. As a new homeowner with no experience in home improvement projects, hiring a North Shore painter and decorator is the best thing you can do. Do not try to do the job if you do not have any experience because you will do a shoddy job and you may spend more money than you had expected.
Continue reading to learn the importance of making your home look like new by hiring a top-class North Shore painter and decorator.
- Ideas
It is hard to come up with the best ideas, especially if you are decorating your house for the first time. Some painters and decorators have been painting and decorating homes for several years, so they have the best ideas for different homes. Once you choose one of these professionals, the professional comes to your home. You will go over several ideas with the professional. This makes it easier to choose the best ideas for your home.
- Quality Paint
Each painter and decorator will have a preferred supplier but be careful. This is usually based on the rebates they get from the manufacturer. Look for a painter who only uses the best quality paints from Resene. Painters can help you get quality paint because they a good relationship with the best suppliers. Professional painters use quality paint that will last for a long time. A professional painter can help you choose quality paint for your home.
- Add Value to Your Home
Many potential buyers do thorough house inspections before buying a home. If your house looks ugly and old, its value will reduce. You can increase the value of your house by making it look like new. And hiring professional painters and decorators is the best way to add value to your home because they will do a perfect job. Many potential buyers will love your house because it looks great.
- Cost Effective
You are painting your house for the first time. So, you do not know where to start and you do not how to select quality paint. You will spend a lot of money learning how to paint a house. Hiring professional painters and decorators is much cheaper than doing the work yourself. Professionals know what they are doing, so they rarely make mistakes. And they only charge for their services, so you can look for the professionals that suit your budget.
- Sell Your House Fast
Do you want to sell your house for fast cash? Then, you need to improve its appearance. We all love houses that look like new, and many realtors love promoting these houses because it is easy to sell them. You can improve the appearance of your house by hiring a painter and decorator. You will love the final result and many people will love the look of your house. It is easy to sell a house that looks like new.
You now know the importance of making your home look like new by a painter and decorator. Once you decide to make your house look new, you must look for the right North Shore painter and decorator. Do not waste your time and money on the wrong painters and decorators.
A good North Shore painter and decorator to call is Colourworks.
Manukau Commercial Property Lawyer – 3 Services
Manukau Commercial Property Lawyer – Three Typical Services For Clients
When it comes to the real estate industry, complex legal issues are a reality for a large percentage of transactions. Anyone that has anything to do with commercial real estate understands the importance of having a trusted property lawyer on speed dial. These lawyers provide a wide range of services to buyers and sellers. They specialise in all legal matters related to commercial real estate from sales transactions to government regulations to conflict resolution between parties.
Commercial real estate law covers an extensive range of legal categories — development, financing, purchase, construction, leasing, and sale of non-residential properties. Hiring a Manukau commercial property lawyer is essential for the acquisition of any non-residential real estate. They help you make sense of zoning ordinances, mortgage information, closing documents, purchase agreements, and much more.
Here are some of the other things a real estate attorney can help with:
- Negotiating contracts to the advantage of their clients.
- Drafting commercial leasing documents, representing landlords in tenant disputes, and providing legal counsel on tenant evictions and lease violations.
- Corporate estate planning.
- Advising clients as to how to retain as much equity as possible during a foreclosure threat.
- Representing clients dealing with construction-related disputes, construction accidents, and property defects.
Examples Of Three Typical Services
Commercial Property Leases – Most commercial real estate is occupied on a lease basis. If you are buying a commercial building with an occupying tenant, you will need to have the lease issued in the name of your purchasing entity.
Commercial Real Estate Financing – Borrowing money to purchase commercial property can be more complex than obtaining a mortgage for a residential property. Consequently, seeking legal counsel from a reputable attorney is highly advisable.
Zoning – If governmental agencies or other property owners in the area try to get zoning and land use restrictions changed, businesses can experience some challenging problems. A commercial real estate lawyer can help to ensure a property is properly zoned and help owners fight any proposed changes to land-use restrictions.
Commercial Property Lawyer Costs
The cost of hiring a commercial property lawyer depends on a wide range of factors. However, since each project is different, it is impossible to give a standard price guide. The best idea is to contact a few of the local Manukau commercial property lawyers, like McVeagh Fleming for example. Describe your requirements and they will quote you a guide price.
Hiring A Commercial Property Lawyer
There are many things to take into consideration when looking to hire a commercial real estate attorney. One important thing to keep in mind is that because laws can vary significantly between rural areas, cities, and states, hiring a professional that has good local area knowledge is essential. The person needs to be able to handle all aspects of commercial property. Due to the fact that the commercial real estate sector is governed by complex laws, businesses should never undertake any transactions without seeking comprehensive legal advice and services from a qualified property lawyer.
Orewa Employment Lawyer
Five Common Services From Orewa Employment Lawyers
Getting a job and starting a career can be very exciting. There is nothing like that first pay-check. However, anyone who has been in the workplace for a while knows that things don’t always work out between employees and employers. There are several laws that protect employees from sexual harassment, discrimination, and retaliation in the workplace, but when such things do happen, it’s important to contact an employment lawyer as soon as possible. The best lawyers have years of professional legal training and experience representing victims of illegal practices in the workplace and they can ensure you get the compensation you deserve. Below are some common areas that Orewa employment lawyers work in.
Orewa employment lawyers are qualified professionals who work on cases relating to worker’s compensation, wrongful termination, workplace discrimination, retaliation for complaining, disputes over pay, and other employment-related legal issues. Disputes between employers and employees are unfortunately common in the Hibiscus Coast. Any worker who finds themselves facing a job-related legal issue should contact a reputable employment lawyer.
Some of the common grievances dealt with by top employment lawyer firms include sexual harassment, denial of benefits, improper compensation, unpaid overtime, retaliation for complaints, discrimination, and workplace violence. Discrimination cases can involve many different factors including race, religion, gender, age, and sexual orientation.
If you feel like you have been wrongly terminated from your job, it’s time to contact a lawyer. Unfortunately, due to increasing competition in the employment market, some employers are firing long-term workers to replace them with cheaper workers. Some of these terminations violate employment laws and employees are left without a job or compensation, and their benefits go unpaid. The best lawyers can ensure that all illegally terminated employees get compensation and payment for all overtime worked.
Of course, employment lawyers can also help business who have been served papers from fired workers. A business may have good reason to fire someone, but if they failed to seek the correct legal guidance before doing so, they could find themselves facing a discrimination lawsuit. It is important for any employer not to try to resolve a “misunderstanding” with a former employee personally. As soon as you receive a letter from the former employer’s lawyer, it’s time to hire your own employment lawyer to fight the charges.
The truth is that sometimes it can be difficult for businesses to prove that they did not fire an employee because they were illegal discriminating against them, but because the said employee was failing to carry out work correctly or on time. Many employers also forget that past practices can be used as evidence of discrimination. By seeking legal guidance before you fire an employee you can save yourself from the hassle of any potential false accusations of discrimination.
Employment lawyers also work with business to compile handbooks. Many companies like to include bespoke policies in their handbooks, but it’s important to ensure that these unique policies don’t violate the law. The best employment lawyer firms offer handbook review services.
Employment law is complicated, and an employer should never attempt to resolve issues without the advice from one of the Orewa employment lawyers in the area. One of the best in the Hibiscus Coast area is McVeagh Fleming who have a team of lawyers experienced in employment law.
Professional Auckland Carpet Cleaning Service
How to Choose the Right Professional Auckland Carpet Cleaning Service
Having a clean, fresh smelling home or office can be achieved with something as simple as having the carpet cleaned occasionally. By keeping the carpet clean, you’re also reducing dust, dust mites, and harmful allergens. The air is fresher because the carpet will no longer have a huge amount of built-up dust particles. When dust is built-up in the carpet, it’s being released in the air as you walk on it – even if you can’t see it. Persons with allergies will benefit tremendously from a professional Auckland carpet cleaning service.
How to Clean Your Carpet
There are two ways to clean the carpet. One, you can rent a steam cleaner and do it yourself. Two, you can hire a professional Auckland carpet cleaning service. Cleaning the carpet yourself can take many hours, so it might be best to hire a professional carpet cleaner if you have a busy schedule.
If you live in the Auckland area and want to find a reliable carpet cleaning service, here are some important facts you should know.
Not All Professional Auckland Carpet Cleaning Services Are The Same
Check with the cleaning service to see what type of carpet cleaners they use. There are several ways to clean carpet. One is the dry-chem method in which a cleaning chemical is sprayed onto the carpet, and then removed with a machine. No water is used so the soapy residue remains after the cleaning. The disadvantage of this method is the machine does not rinse with water and it does not clean deep into the carpet – it only cleans the surface.
Another popular method is steam cleaning. There are several types of steam cleaning: portable machine method, truck-mounted unit method, and the Dri-Steam method. With a portable machine, the carpet can stay wet for days after the cleaning. Also, the machine runs off an outlet plug-in in your home.
With the truck-mounted method, a very powerful unit is used and powered by the truck. In this method, cleaning chemicals are washed out of the carpet using soft hot water. The carpet dries much faster than with portable machines, and it doesn’t leave a residue behind after the cleaning. This is the preferred method of professional carpet cleaners.
There’s also the more recent Dri-Steam method, which also uses a truck-mounted unit, but with a jet-less rotary cleaning tool. With this method the carpet dries faster than any other – in one to three hours!
Be sure to choose a professional carpet cleaning service that understands these methods and chooses to use only the best. Your carpet will be with you for a long while, so handle cleaning it with care.
Maintaining the Carpet after a Cleaning
Be sure the carpet is completely dry before vacuuming or even walking on the carpet if possible. To keep dust particles down, vacuum the carpet often and change the vacuum cleaner bag often as well. Dust can settle in the bag and release particles into the air as you are vacuuming – defeating the whole purpose of cleaning your carpet!
To keep allergens to a minimum, spray allergen removal chemicals on the carpet and upholstery occasionally. Leave them for a day or two, and then vacuum the carpet. Also, cover heavy traffic areas with rugs to protect the carpet.
While vacuuming the carpet, don’t forget to vacuum the furniture and around the windowsills and room corners. Dust and cobwebs accumulate in these areas also.
Choosing a Professional Carpet Cleaning Service in Auckland
Finding a carpet cleaning service is easier once you understand the types of carpet cleaning available. Wherever you live – Auckland, West Auckland, Epsom, Remuera, St Heliers, Mt Eden, or any other suburb – there are reliable professional Auckland carpet cleaning services who offer the type of cleanings mentioned above. One of the best rated is Go Green Carpet Cleaning. Visit their website for details.
Give your carpet a great cleaning and enjoy the fresh, clean air once again!
Auckland Debt Recovery Lawyer
Is Using Auckland Debt Collection Lawyers To Collect Bad Debts A Good Idea?
If someone owes you money, and they are refusing to repay, you have limited options available. You may want to hire one of the Auckland debt collection lawyers. With a lawyer at your side, you’ll be able to take the person to court. There is a high chance that the courts will rule in your favour.
With that said, using a lawyer to collect bad debts has drawbacks. Read on to learn about the advantages and disadvantages of working with debt collection lawyers.
You Will Have To Pay Legal Fees
When you hire a lawyer, you are going to have to pay them. The legal fees that you pay may become bigger, or a significant proportion of the the money that you are claiming.
Having said that, there are a few steps you can take that will make it easier for you to collect what you are owed. If multiple people owe you debts, you can have a lawyer help you collect all of them. Beyond that, the mere threat of a suit may convince some people that they need to pay up. This is a very common yet low-cost outcome. The price of a single letter from a solicitor is often enough to convince people to settle your bill.
You Will Almost Certainly Win Your Case
If someone borrowed money or credit from you, and they failed to pay back the money they were lent, then the courts should rule in your favour. As long as you work with a skilled lawyer, you should win your case with ease.
If someone signed a contract, then your case is much stronger, although it does of course depend on the wording of the contract. If your lawyer threatens to go to court over a bad debt, the other party will either pay up or seek advice from their own lawyer. If your contract is well-worded, then their lawyer will probably advise them to settle.
You May Not Get Your Money Right Away
Even if you win your case, you aren’t going to be guaranteed to get the money you’re owed right away. While the courts can order someone to pay you a sum, they have limited options in how they can collect.
If the amount you are owed is quite large, it is likely that it will be paid to you in instalments. The courts may seize the wages of the debtor if they fail to pay you back in a timely manner. If the debtor does not have a job, however, there will be no wages to seize.
Going to court can help you to receive the money you are owed, but it is not a guarantee. There is still a chance that you will not see a single cent of that money. It’s a good idea to talk this over with your lawyer before you move forward with the case. Discuss your options and decide what the best course of action would be. You should be able to bring things to a satisfying resolution.
Is it a good idea to use a lawyer to collect bad debts? Ultimately, that depends on your circumstances. Still, it can’t hurt to talk to Auckland debt collection lawyers about your situation. Get in touch with an expert and see what they suggest. You can decide what you want to do from there.
Replacement hot water cylinder – North Shore
Choosing A New Hot Water Cylinder: What To Look For
A hot water cylinder is an absolute must in every home setup today. The cylinder’s main work is to store hot water for use in bathrooms, kitchen, and for heating purposes among many other uses. These cylinders come in various designs, forms, and shapes, which means you have to choose the most appropriate one for your home. Some of the fundamental factors to consider when shopping for a new hot water cylinder include energy efficiency, hot water capacity, size, etc. Determining the best and most suitable cylinder for your home can be intimidating at times. Discussed below are however some of the important factors to consider when shopping for a replacement hot water cylinder on the North Shore.
1. Cylinder size and capacity
The amount of hot water the cylinder can hold is an important factor to consider when shopping for one. This however depends on how big or small your family is, and the total amount of hot water required at a go. While a small family may generally need a relatively small hot water cylinder, too small or too big a cylinder will run inefficiently. A professional North Shore replacement hot water cylinder installer or supplier may however help you pick the right cylinder based on hot water needs and family size.
2. Decide between open vented and unvented cylinder
An open-vented cylinder draws cold water from a cold-water tank while the unvented one doesn’t necessarily require one. An unvented cylinder comes with a system boiler that enables it to heat water more efficiently and faster. Water pressure from the unvented hot water cylinder is considerably much higher than with an open-vented one. While you can replace an open-vented cylinder with an unvented one, the reverse is tasking as you would need more space for extra water storage.
3. Heat-loss and heat gain figures
This is one of the most important features to look out for when shopping for new hot water cylinder. How fast it takes for the cylinder to reheat water, and the time it takes for the cylinder to cool down determines if the system is energy efficient and good enough for your family. Some of the best hot water cylinders on the market today have a thick insulation that helps retain water temperature for much longer. Although smaller cylinders reheat water fast, some of the bigger versions are equally as good.
4. Energy efficiency and durability
Hot water cylinders on the market today are energy-star rated. You should therefore consider the highest rated cylinder you can find for guaranteed energy savings. In addition to this, you need a cylinder that will last years before needing a replacement. While regular servicing and proper maintenance do play a role here, you should only go for a cylinder offering not less than 5 years’ service warranty.
5. Cost
The cost of acquiring a new cylinder cannot be overlooked. While some of these cylinders may be expensive, a little window-shopping can help you find an affordable high-quality one. Some research may be required before buying just any cylinder you find in the market. Consider reading through reviews and product ratings on the same before making the purchase.
Putting all the factors discussed above into consideration can help you identify and choose the right hot water cylinder for your house. It would also be advisable to hire a certified contractor such as Heron Plumbing to handle the installation of a replacement hot water cylinder on the North Shore to avoid voiding its warranty, and for expert service.
North Shore family trust lawyer
Thoughts On Setting Up A Family Trust
If you are doing some estate planning, you might consider setting up a family trust. This is one of the most flexible tools a person has to determine how their estate will be managed and distributed. There are many types of trusts and they may be used to help protect assets, control the distribution of estate assets and for tax planning purposes. The best type of trust for your situation will depend on several factors. However, you must talk to a family trust lawyer first.
There are several benefits to establishing a trust. To begin, a trust is a written agreement. This document details how the property will be held in trust for the beneficiaries. Trusts are established to reduce or eliminate estate taxes, protect the estate’s assets, and prevent probate. The trust is where an owner can store their property and even give it a new name. Before you begin any planning see a North Shore family trust lawyer.
The person initiating the trust is known as the trustor, settlor or grantor. The individual who takes over and administers the trust is the trustee. Those who will receive assets from the trust are called beneficiaries. It is possible for one person to be all three, but most of the time, these are different people. If the trust is a revocable trust, it is eligible for certain tax incentives.
There are two types of trusts: revocable and irrevocable. They are just as they sound. If assets are put into an irrevocable trust, they may not be taken back. In a revocable trust, the grantor may change their mind and take back their property.
The trust most commonly used is the living revocable trust. This type of trust has a number of benefits. It may be used to avoid probate or reduce estate taxes. It can also provide continuity if the property owner dies or becomes incapacitated. The trustee oversees the trust and steps in when the property owner can no longer make decisions about the assets of the trust.
Revocable trusts are often called a Family Trust or a Loving Trust. These trusts all work the same way as long as they are created properly. It is important to ensure the attorney used understands exactly what is necessary to create a revocable living trust. It is also a good idea that the grantor has a general knowledge of how these trusts work so they can ensure it will meet their requirements.
The grantor also needs to know how to best use the trust so the property is protected from probate. The grantor can take several steps to ensure their trust is secure. Even though the trust requires property be transferred, with a revocable living trust, it can always be transferred back to the grantor, if necessary. It is also possible that the grantor or grantors be appointed as the trustees. This means that for most activities, having property in a trust will be transparent. All assets of the estate are owned by the trust, not by individuals, but this set up helps avoid estate taxes and probate, both of which have the potential to severely reduce an estate’s value.
Setting up a revocable living trust is not hard, but it should be done with the advice and help of an estate lawyer. Creating a revocable living trust can help the estate avoid probate and estate taxes.