Attorney Assisted Trust Services
Craig S.Redler
Craig S, Redler & Associates
- 28 Years of Experience
- Business Law, Elder Law, Estate Planning…
- Illinois, Missouri, and California
- https://redlerlaw.com/
Megan M. Kelly
- 20 Years of Experience
- Estate Planning, Probate, Real estate
- Colorado, Florida
- https://www.meganmkellylaw.com/
Jamie Victor Papa
- 3 Years of Experience
- Business Law, Estate Planning
- Missouri, Texas
- https://jvplawoffice.com/about-jvp-law-pllc/
What’s included
This is a general list of services, but please note that the specific offerings may differ
- Trust Centered Estate Plan Design
- Family Assessment and Asset Inventory
- Child Protection Documents
- Long Term Guardians Selections (3)
- Declaration of Trust
- Certification of Trust
- Assignment of Personal Property
- Pour Over Will
- Self-Proving Affidavit
- Durable Power of Attorney For Management of Property and Personal Affairs (Springing)
- Initial Trust Funding
- Short Inventory Form
- Medical Power of Attorney
- Directive to Physicians and Family or Surrogates
- Nomination of A Guardian Relating To My Person
- Voluntary Advance Directive for Receiving Oral Feedings and Fluids in the Event of Dementia
- Declaration of Guardian in the Event of Later Incapacity or Need of Guardian
- Final Disposition Authorization and Instructions
- Instructions for the Distribution of My Personal Property
- Warranty Deed to transfer your home into the name of the Trust
- Trust funding letters to your banks, brokerages, life insurance companies, etc…
- Summary of Estate Planning Provisions
- Summary of Fiduciaries and Other Designated Persons
- Set out Funeral Plans
- Fiduciary Letters
100% Money Back Guarantee
Why you need a Trust
Trusts can serve various purposes, including:
Estate Planning:
Trusts can help manage the distribution of assets upon the trustor's death, potentially avoiding probate and providing more control over how assets are distributed among heirs.
Asset Protection
Certain types of trusts can provide protection from creditors or legal claims, shielding the trust's assets from potential liabilities.
Tax Planning
Some trusts are designed to minimize estate and gift taxes by structuring asset transfers in a way that takes advantage of tax exemptions and deductions.
Charitable Giving
Charitable trusts allow individuals to make contributions to charitable organizations while also providing income to beneficiaries during their lifetime.
Special Needs Planning
Trusts can be established to provide financial support for individuals with disabilities without jeopardizing their eligibility for government benefits.
Family Wealth Management
Family trusts can be created to manage and preserve family wealth for future generations, with provisions for distributions based on specific criteria or milestones.
Attorney Drafted Trust Considerations:
Complexity
If your estate plan involves multiple assets, beneficiaries with special needs, or complex family dynamics, working with an attorney might be a wise choice.
Assets
If you have valuable or intricate assets (businesses, real estate, investments), an attorney can help structure the trust to manage and distribute them appropriately.
Legal Advice
If you're uncertain about legal terms, potential issues, or the best way to structure your trust, seeking legal advice from an attorney is highly recommended.
Peace of Mind
An attorney-drafted trust provides a higher level of assurance that your wishes will be carried out as intended and that your estate plan is legally sound.
In conclusion, the decision between attorney-drafted and self-service trusts depends on the complexity of your estate, your comfort with legal documents, your budget, and the level of legal advice you require. For more intricate estates or situations, seeking the assistance of an experienced estate planning attorney is often advisable.
Disclaimer: Clocr, Inc., is not a law firms and we do not provide legal advice.
Frequently Asked Questions
A trust is a legal arrangement in which a person (the “trustor” or “grantor”) transfers assets, such as money, property, or investments, to another person or entity (the “trustee”) to hold and manage for the benefit of one or more individuals or organizations (the “beneficiaries”). Trusts are commonly used for estate planning, asset protection, and managing the distribution of wealth over time.
