Protecting Your Assets And Your Loved Ones
From asset protection to wills and irrevocable trusts, having a comprehensive estate plan is necessary to protect yourself and your loved ones for the future.
Protecting Your Assets With Trust Planning
Trust planning is a common estate planning tool that you may have considered or at least heard of. Whether a trust makes sense for you depends on your estate and your goals.
At the Estate Planning Law Group of Georgia, in Johns Creek and Lawrenceville, we will use our decades of experience to explain your options and help you make a decision that best supports your long-term plans.
If you are considering trusts, but aren’t ready to meet with a trust attorney, try attending one of our workshops. You will learn about your options and have time to think about what makes sense for you before meeting with us.
Let’s first go over the basics…
What Is A Trust?
A trust is a legal entity that protects all or a portion of your estate. It is controlled or managed by a trustee, and one or more individuals are named beneficiaries. In some circumstances, the trustee and beneficiary are the same people.
What Are The Benefits Of A Trust?
One of the primary benefits of establishing a trust is that trusts usually avoid probate. In many cases, assets held in a trust will pass directly to the beneficiary immediately upon your death. Trusts may also protect your assets from estate taxes and creditors.
Choosing The Right Trust For You
There are several types of trusts to choose from, and each has its own advantages. We have extensive experience guiding individuals and families toward the right option for their circumstances. We can establish any type of trust, including revocable living trusts, irrevocable trusts, testamentary trusts, and special needs trusts.