Establishing Trust: Safeguarding Your Assets

Trusts are versatile tools in estate planning that offer a range of benefits, from protecting your assets to ensuring a seamless transfer of wealth to your heirs. At In WILL WE TRUST, we specialize in helping individuals and families create Trusts that align with their unique financial goals and objectives.

Why Establish a Trust?

Asset Protection

Trusts can shield your assets from creditors and legal claims, preserving your wealth for your loved ones.

Probate Avoidance

Assets held in a Trust typically avoid probate, saving time and money for your beneficiaries.

Privacy

Unlike Wills, Trusts remain private documents, providing confidentiality about your estate's details.

Control

You can specify how your assets are managed and distributed, even after death.

Our Trust Services

IN WILL WE TRUST offers a variety of Trust options tailored to your needs:
Revocable Living Trust

A flexible Trust that allows you to retain control during your lifetime and streamline the transfer of assets to heirs.

Irrevocable Trust

Offers enhanced asset protection and tax advantages but typically involves relinquishing control of the assets.

Special Needs Trust

Designed to provide for beneficiaries with disabilities while preserving their eligibility for government assistance programs.

Charitable Remainder Trust

Allows you to support a charitable cause while receiving income during your lifetime.

The Trust Creation Process:

Consultation

We begin by understanding your financial objectives and tailor a Trust plan to match your goals.

Drafting

Our experienced team drafts a comprehensive Trust document that addresses your unique circumstances and wishes.

Funding

We assist you in transferring assets into the Trust, ensuring proper titling and registration.

Ongoing Management

Depending on the type of Trust, we provide ongoing management and administration services.

By establishing a trust with IN WILL WE TRUST, you gain control over your financial future while providing for your loved ones. Contact us today to start the process of safeguarding your assets and securing your legacy.

FAQ

Find the answers to all of our most frequently asked questions

What is a Trust?

A Trust is a legal arrangement where a person (the Trustee) holds and manages assets for the benefit of another person or entity (the beneficiary). It is often used for estate planning to ensure the smooth transfer of assets to heirs.

A Trust is your legacy's custodian, a versatile legal arrangement that safeguards your assets, maintains privacy, and offers a structured means to provide for your heirs and beneficiaries. It is the timeless guardian of your financial aspirations.

Creating a Trust can help you avoid probate, maintain privacy, provide for loved ones with special needs, and have more control over the distribution of your assets after your passing.

Your unique goals and circumstances will determine the kind of Trust you require. Irrevocable Trusts, Special Needs Trusts, and Revocable Living Trusts are the most common.

A revocable Trust can be modified or revoked by the grantor (the person creating the Trust) during their lifetime. An irrevocable Trust, once established, typically cannot be changed without the beneficiaries approval.

Trusts, particularly irrevocable Trusts, are used to minimize estate taxes by removing assets from your taxable estate.

You can include a range of assets in a Trust like Real Estate, bank accounts, investments, Life Insurance Policies, and personal property. Discuss your specific assets and goals with an attorney to determine the best approach.