Trusts are a great plan to have in place for the untimely event of your passing should you have high monetary amounts, real estate or other assets you would like to leave to your children, family members or any other beneficiary. If you intend to leave the monies or other assets to your beneficiaries but have conditions in which they can receive it, trusts are usually the option of choice. You can choose either a revocable or irrevocable trust.
A revocable trust simply means you are able to make changes at any given time. Whereas an irrevocable trust cannot have any changes made. There are many legal reasons behind both. This is where we can explain the differences between the two. There are many benefits to both, but because there is not one family alike, what may benefit one party might not work for the next.
Due to the complexity and in depth knowledge of preparing the paperwork, we encourage you to schedule an appointment with us so we can discuss your options. Attorney Hayes and our team are diligent about keeping current on the laws to ensure we are delivering accurate information to you.
- Amend Trusts
- Explain all Trusts options
- Accurately draft up paperwork for all trusts
- Benefits of both revocable and irrevocable trusts
When you visit us, you will receive one on one time with Attorney Hayes to go over all the details to determine which of the trusts will benefit you and your family. We are very thorough and experienced with this form of estate planning and will be able to advise you accordingly.