Estate Planning: Trusts

A trust is one of the most important items in the estate planner's toolbox. There are different trusts which are appropriate to deal with specific types of issues. For example, we often draft Revocable Trusts (often called Living Trusts) in an effort to avoid the time and expenses of probate. Irrevocable Trusts can be used to move assets out of a person's name, while maintaining at least some control over how those assets are handled.

Trusts can be used in situations where there is difficulty managing property. Sometimes it is the property owner who wishes to obtain management help. On other occasions, trusts are created to make sure that the person receiving the property (the beneficiary) is protected.

Our role is to understand your particular circumstances. If appropriate, we'll draft a trust that meets your particular needs.