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Formation of Trusts: A trust is an important and valuable tool in estate planning, tax planning, and as a legal vehicle to provide for the health and benefit of the trust beneficiaries. There are all kinds of trust instruments, each designed to perform a particular purpose for the creator in assuring that money or assets are transferred in a way that meets the objectives of the creator. Charitable trusts, scholarship trusts, trusts to benefit minor children, etc., are often created by people who want their assets to provide benefits for years to come in a controlled, managed fashion. By exploring these options, you may find that your wishes can be realized even before your death, providing options that you didn't even know existed. We can help you to determine if a trust agreement might be the answer to your financial or estate planning. |
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