Set up a trust to manage and protect your assets for the future.
A trust is a separate legal entity that allows you to hold and manage assets. Trusts are used to avoid probate, avoid death and estate taxes, protect assets, and preserve anonymity.
Trusts Are Specific To Your Circumstances and Goals
There are many types of trusts, and each has different language to implement the trustor's goals. We can create any of these common trusts, as well as other types that you may need. We also advise what state is best to locate your trust in.
Common Questions, Clear Answers
- Business Trusts
- Asset Protection Trusts
- Trusts for Estate Planning
- Charitable Trusts
- Life Insurance Trusts (LITs)
- Grantor Trusts
- Living Trusts
- Real Estate Trusts to Hold or Sell (Anonymously) Property
- Medicaid Asset Protection Trusts (MAPTs)
- Trusts to Avoid Probate
- Spousal Lifetime Access Trusts (SLATs)
With a revocable living trust, you maintain complete control as the trustee during your lifetime. You can buy, sell, or manage trust assets freely. With an irrevocable trust, you transfer control to the trustee, which provides asset protection benefits. The level of control depends on the trust type and how it's structured.
Yes! Assets held in a properly funded trust avoid probate, saving time and money for your beneficiaries. Unlike a will, which goes through public probate court, a trust allows private transfer of assets according to your wishes. This is one of the main reasons people establish trusts.
Trust formation costs vary based on complexity. Simple revocable living trusts are less expensive than complex irrevocable trusts with special provisions. Our service includes document preparation, guidance on funding the trust, and instructions for ongoing management. We'll provide a quote based on your specific needs.
