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Trusts

Whatever your concerns about estate planning, contact us to schedule a consultation with no further obligation.

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Preparing the Right Trust for You

It is possible to create a trust that holds assets for the benefit of a loved one. A trust provides you the option to choose the trustee to manage the trust. Under the right circumstances, a trust can help your estate avoid probate. And it is possible to create many sorts of trusts to fit your particular purpose. This includes both revocable and irrevocable trusts.

Our office can set up for you:

      • Revocable trusts: A revocable trust, on the other hand, may be altered during your lifetime. As there are advantages and disadvantages to each, it is important to speak with an experienced estate planning lawyer to decide which is best for your circumstances.
      • Living trusts: Such a trust allows you control over your assets while you are alive, and it prevents time-consuming and costly guardianship proceedings should you become incapacitated.
      • Testamentary trusts: This is a trust created through one’s will. These trusts are often useful in protecting large inheritances.

Trusts Protect Your Future

You do not need to be wealthy to benefit from tax advantages available through setting up a trust. A trust allows you to place financial assets into the trust for the benefit of your beneficiaries down the road. While removing your name as owner of these assets, you can still control the funds within the trust.

Get Connected with Lindsay K. Richardson

Whatever your concerns about estate planning, contact us to schedule a consultation with no further obligation.

Lindsay K. Richardson

Attorney