A trust attorney can help you set up a trust that provides several important benefits.
There are several reasons why you might want to set up a trust during your life or to have one established upon your death. Working with a trust attorney is the best way to learn about how trusts work and to examine whether a trust would be the solution that you are looking for. At Fleischer Law Office, PLLC, we take the time to understand your objectives and then discuss the right type of trust you need, as well as prepare the documents needed for the formation of the trust.
As trust attorneys serving Hickory, North Carolina, we recommend setting up a trust for any of the following reasons:
- Asset management- A trust can be used to manage assets for minors or others whom you would prefer to give allocated benefits rather than a full dispersal.
- Asset protection- An effective way to keep assets from being lost in a claim situation is to not own them personally. A trust also protects the assets from being contested will legal battles.
- Probate and privacy- During the probate process, certain information becomes public. If you want to avoid certain assets being part of probate and also protect privacy, a trust attorney can set up a trust agreement that is completely private and confidential. In fact, a will can be completely replaced with a trust.
- Charitable giving- A trust can be the ideal avenue for setting up gifts to charities.
If you would like to know more about trusts and other estate planning options and would like to speak with a trust attorney, reach out to us to schedule a consultation.