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Law Firm of Badeaux & Associates
Law Firm of Badeaux & Associates

16055 Space Center Blvd., Suite 260,
Houston, TX 77062
On Space Center Blvd., near Bay Area Blvd.
(281) 486-4737

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HomeFrequently Asked QuestionsWhat are Revocable Living Trus…

What are Revocable Living Trusts?

Practice Areas

Wills and Estates

  • Wills and Trusts
  • Powers of Attorney and Directives to Physician
  • Why Choose Us for Wills & Trusts
  • Estate Taxes
  • FAQ Wills and Estates

Probate

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What are Revocable Living Trusts?

Living Trusts are similar to a Last Will and Testament in that they dispose of assets after death. The Living Trust has the added advantage of allowing you to name a trustee to manage your assets for an extended period of time if you become incapacitated after executing the Living Trust. Living Trusts can avoid probate in multiple states if you own real estate in multiple states; however, an easier way to avoid probate in multiple states is to form a limited liability company to hold your out-of-state real estate.

Disadvantages and misunderstandings of Living Trusts are so serious that the State Bar of Texas posted a section about Living Trust abuse on its website. Living Trusts are more complicated than a Will, they do not avoid estate taxes, they do not provide creditor protection, you still need a Will, and you must transfer all of your assets into the Living Trust during your life in order to avoid probate.

Practice Areas

Wills and Estates

  • Wills and Trusts
  • Powers of Attorney and Directives to Physician
  • Why Choose Us for Wills & Trusts
  • Estate Taxes
  • FAQ Wills and Estates

Probate

  • Probate Estate Administration
  • Why Choose Us for Probate
  • Executor and Trustee duties
  • Guardianship of Incapacitated Person
  • FAQ Probate

Real Estate Law

  • Real Estate
  • Why Choose Us for Real Estate
  • FAQ Real Estate
  • Commercial Real Estate
  • FAQ Commercial Real Estate

Business Law

  • Business Law
  • FAQ Business Law
  • Buy-Sell Agreements
  • Franchises

Read Client Reviews

Meet Our Attorneys

joanne
Joanne M. Badeaux
Senior Attorney
In her 30 years of practicing law, Joanne M. Badeaux has had the pleasure of representing multiple generations of families in their estate planning, probate and real estate matters. Joanne has seen a… Read More About Joanne
Shelby G. Perrin's Profile Image
Shelby G. Perrin
Associate Attorney
In her over 15 years of experience, Shelby G. Perrin has drafted thousands of Wills and Trusts, and handled hundreds of Probate cases. Shelby is very dedicated to her clients and many times represents… Read More About Shelby

Contact Us
Law Firm of Badeaux & Associates
16055 Space Center Blvd., Suite 260
Houston, TX 77062
Phone: (281) 486-4737
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Law Firm of Badeaux & Associates
16055 Space Center Blvd., Suite 260
Houston, TX 77062
(281) 486-4737
www.dedicatedlaw.com
Copyright © 2023 Law Firm of Badeaux & Associates
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