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| Baker, Johnsen and Sandblom |
30 North 8th Street
Humboldt, IA 50548 |
| Phone: (515) 332-1157 |
| Fax: ( 515) 332-5785 |
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| Humboldt, Iowa Attorneys practicing in Iowa primarily in Wills, Trusts & Estate Planning, Real Estate, Personal Injury, Auto Accidents and Taxation Law. Lawyers at the Baker, Johnsen & Sandblom are dedicated to serve their clients in Iowa, including the cities of Dakota City, Fort Dodge, Pocahontas, Algona, Clarion, Des Moines, Nevada, Ames, Rockwell City, Jefferson, Eldora, Spencer, Mason City, Garner, Boone, Jefferson, Marshalltown, and the communities that make Humboldt, Webster, Pocahontas, Kossuth, Wright, Polk, Story, Calhoun, Hamilton, Greene, Boone, Hancock, Cerro Gordo, Hardin, Clay and Marshall counties. |
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Wills, Trusts and Estate Planning I Frequently Asked Questions |
| FREQUENTLY ASKED QUESTIONS |
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" Contact a Iowa wills, trusts and estate planning lawyer representing clients in Boone, Iowa
today to schedule your free initial consultation." |
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Question: |
| What is a living trust? |
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| Answer: |
Under a living (or a “revocable inter vivos”)trust, a person transfers ownership of their assets to another entity while alive. The terms of the trust instruct the entity on how to manage the person’s assets before and after death. A living trust does not avoid taxes. It may reduce the costs of administration of your estate but increases current costs because you must set up the trust and transfer all assets to the trust.
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If you would like to schedule a free initial consultation contact an Iowa will, trust & estate planning attorney, representing clients in Boone, Iowa at Baker, Johnsen & Sandblom.
Give us a call at (515) 332-1157 or email us at
info@humboldtlaw.com. |
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DISCLAIMER: The information you obtain at our firm web site is not, nor is it intended to be, legal advice. It is recommended that you should consult an attorney for individual advice regarding your own situation. |
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© MMX Baker, Johnsen & Sandblom Address: 30 North 8th Street, Humboldt, Iowa 50548 Phone: (515) 332-1157 Fax: (515) 332-5785
Email:
info@humboldtlaw.com Home l Firm Overview l Practice Areas: Personal Injury, Real Estate, Auto Accidents, Estate Planning & Probate and Taxation Law I Attorneys l Resources l Contact l The information you obtain at our firm web site is not, nor is it intended to be, legal advice. It is recommended that you should consult an attorney for individual advice regarding your own situation. Iowa Will Trust Attorney Boone Estate Planning Probate Boone County Lawyer |
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