Trusts

A Trust is a comprehensive way to plan for your estate. A Trust, similar to a Will allows you to designate responsible parties and plans of action upon your passing. This includes designating who receives your assets and establishes who should provide care for a minor child through guardianship provisions. However, Trusts have many benefits that Wills do not.

Our Trust Packages

• Outline how assets are to be disbursed upon passing
• Provide specific plans for how one’s assets are managed during incapacity
• Transfer real property or other assets into the Trust
• Establish guardianship for minors and allocate resources for their care
• Establish guardianship for pets and allocate resources for their care
• Appoint individual(s) to make financial decisions on your behalf if you are unable to do so
• Appoint individual(s) to make healthcare decisions on your behalf if you are able to do so
• Outline healthcare wishes (life-saving measures, comfort care, etc.)
• Outline post-death care (plans for remains, services, etc.)

Benefits of a Trust

• Avoids probate entirely so assets are disbursed quickly, privately, and most cost effectively
• Allows the ability to detail specifics over who gets what upon passing (Ex: can allow one to postpone distributions to young beneficiaries until they have reached an age of financial maturity or on the condition of meeting certain education requirements, etc.)
• Ensures minor children are cared for by a carefully selected individual of your choice
• Gives a trusted individual financial access to manage your affairs in the event you are incapacitated (avoids missed payments, payment of utility bills, etc.)
• Individual appointed to be Power of Attorney has the ability to use your financial resources for your best interest
• Provides control over healthcare choices
• Provides control over post-death choices
• Can be established to protect the assets beneficiaries receive from being accessible to potential future creditors
• Avoids family members or court appointed individuals from having to make difficult decisions during a crisis