TRUSTS

Control Assets For Future Generations

A trust is a legal arrangement that lets you control how certain assets are managed during your lifetime and also how they are distributed after your death. Trusts can provide many valuable benefits including:

• protecting assets over the long-term from creditors and divorce

• avoiding probate of your estate

• minimizing estate administration costs and maintaining privacy for your estate and heirs

• minimizing gift and estate taxes

• qualifying for Medicaid while preserving your family assets

• protecting your heirs from their own poor money choices after you’re gone

• providing instructions for the handling of your property if you become incapacitated

Any type of asset can be placed into a trust, including cash, investments, personal property, and real property such as a family home or investment property.

There are many different types of trusts that can be used to help you reach virtually any estate planning goal, but creating a trust is not a do-it-yourself project. There are many state, federal and and tax laws to take into account when establishing a trust, so it’s important to work with an experienced trust lawyer who can guide you through the various types of trusts and then create a legally sound trust to meet your needs.

We Handle a Broad Range of Trusts, Including:

• Revocable Living Trusts

• Irrevocable Trusts

• Medicaid Asset Protection Trusts

• Special Needs Trusts

• Charitable trusts

• Life Insurance trusts

• Spousal Trusts

• Trusts for Business Interests

• Trusts for Beneficiaries under 21

• Trusts for Blended Families