Trusts Tailored to Your Unique Needs
Trusts are diverse legal tools that can help you manage your assets, provide for loved ones and minimize tax obligations, among other benefits. However, creating a proper trust requires knowledge and experience in estate planning.
There are numerous options when it comes to creating a trust that works for you. Whether you are concerned that a significant influx of cash will ultimately harm, rather than help, a younger relative, or you need to plan for the special needs of a loved one, there is a trust suitable to your goals.
Revocable and Irrevocable Trust Creation
A revocable trust is created during your lifetime and can be changed or revoked at any time. A revocable trust is a useful way to avoid or minimize probate proceedings. However, because you have access to the funds at any time, it can still be accessed by creditors.
An irrevocable trust cannot be modified. Irrevocable trusts are useful tools to minimize or eliminate tax obligations, qualify for long-term care through Medicaid and other benefits.
Our experienced trust creation lawyers can clearly explain the options available to you, along with their associated benefits.
Schedule Your Free Initial Consultation Today
Contact us to schedule your initial consultation with an estate planning attorney experienced in drafting comprehensive trusts that meet your individual goals. Located in Palm Beach County, Florida, we represent clients throughout the state.