A Living Trust is most often used to both manage your assets and designate how your estate will be distributed on your death. It's a flexible legal tool, and can be used for more than just estate planning; for example, you can design the Living Trust to provide you payments of income. As part of your estate plan, you can determine who will inherit your assets, designate a person to carry out your wishes and plan for the care for your children. A Living Trust can also be tailored to initiate a plan for the care of your finances and family should you have an accident or become ill.

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Hosford Law Firm is the law firm Mississippi residents and business owners trust to protect the assets and their loved ones.