Trusts are one of the most important tools in an effective estate plan. They can maximize privacy and efficiency and may minimize taxes — when properly drafted. They are also immensely flexible based on the needs of the family. They can transfer assets and funds to a spouse, children or another designated party while avoiding the rigid and public probate process.
Creating A Trust That Suits Your Family's Unique Needs
A living trust allows for control of assets during lifetime and defines how assets are to be managed in the event of death or incapacity.
In contrast, an irrevocable trust may be a great tool for limiting estate taxes and protecting assets. From there, trusts can get even more specialized and can be tailored to the needs of your family.
If you or your loved ones are working through estate planning issues and are seeking to set up a trust, we are ready to put our years of experience to help you draft up documentation that ideally addresses and accounts for all potential issues with which you are faced.
We encourage you to get in touch and schedule a free initial consultation as soon as possible. Our approach, honed over decades of practice, has helped hundreds of families reach ideal solutions for their needs. We are ready to help you do the same.
Schedule A Free Consultation With Our Attorneys To Learn More
Wolfson & Bernazzani, PLLC, in Nashua, New Hampshire, offers free consultations. For more information, or to discuss setting up a trust with wills with an experienced lawyer, contact us online or by calling 603-272-6008.