Trust Planning

When all is said and done, there are three main beneficiaries to transfer your assets to. Your loved ones, charity, or the government. Through Trust planning, our goal is to minimize what the government receives in the form of estate & income taxes while designing a plan that allows you to control who receives the assets, what form they receive the assets, and when they receive the assets. Here are some common why reasons people explore the use of trusts:

  • Providing for a special needs child
  • Estate tax minimization
  • Medicaid asset protection planning
  • Controlling how wealth is distributed to the next generation
  • Providing for a minor in the event of your premature death
  • Planning for incapacity and possible a Long Term Care situation
  • Asset Protection