Trust planning is a very important part of your overall estate plan.
Trusts are important tools used in:
- Estate planning
- Elder care planning
- Protection from taxation
- Financial planning
- Protection from creditors
There are various types of trusts that we can create for you based on what your needs are. For example, you can create a revocable living trust which will avoid the need for probate when the time comes. This type of trust is flexible should you change your mind over the years.
For larger estates, you may consider setting up an irrevocable trust. The assets placed in an irrevocable trust
are set aside for your beneficiaries. You no longer manage them. The benefits of such a trust are the reduction of the size of your estate for tax purposes, as well as protection from creditors.
Your goal is clear: protecting your assets. Let us work with you to organize your personalized solution.
We have many years of experience and an array of planning tools and options to customize the ideal plan for you and your loved ones.
Call us or contact us online to find out more about how we can help you.