Texas Revocable Living Trust Planning.
A revocable living trust can provide a coordinated way to manage assets during life and incapacity and direct their distribution after death. For properly titled trust assets, it may also avoid probate. It is not a one-document solution: the trust, pour-over will, powers of attorney, healthcare documents, beneficiary designations, and funding steps must work together.
Families, professionals, business owners, real-estate owners, and clients seeking continuity and privacy.
- Incapacity planning and successor-trustee provisions
- Probate avoidance for properly funded assets
- Successor-trustee selection and coordination
- Real estate and LLC interest transfers into trust
- Trust funding review and beneficiary-designation alignment
- Young-adult inheritance design (staged distributions, protective provisions)
- Pour-over will and companion incapacity documents
The Lone Star Counsel process, adapted to the matter.
- 01Understand
Family, assets, and objectives.
- 02Design
Legal architecture appropriate to the matter.
- 03Draft
Trust and companion instruments.
- 04Fund
Assets and beneficiary designations aligned.
- 05Maintain
Reviews as life and law evolve.
About revocable living trusts.
- Does a revocable living trust avoid probate in Texas?
- For assets properly titled in the trust or directed to it by beneficiary designation, a revocable living trust can help avoid probate. Assets left outside the trust are not automatically included and may still require probate.
- Do I still need a will alongside a revocable living trust?
- Usually, yes. A pour-over will captures property outside the trust and supports the overall plan. The specific companion documents depend on the client's assets and circumstances.
- Can I change or revoke my revocable living trust?
- By its nature, a revocable living trust may be amended or revoked by the settlor during capacity. The precise process is set out in the trust instrument.
A confidential conference with Darryl V. Pratt, Esq., CPA.
Nearly 30 years of business, estate, trust, and succession counsel. Frisco headquarters, or by secure video across the state of Texas.