Estate Planning with a Trust in Mind

Estate Planning Lawyer O’Fallon, MO

When considering whether creating a trust for beneficiaries should be included in your estate plan, contact an attorney. Not only may they be able to cover all the bases, they can give both you and your family peace of mind that your final wishes have been put to paper. For some, creating a trust for beneficiaries can be an attractive option for a number of reasons. Your attorney can provide you with the education and knowledge you require to make decisions regarding your estate plan that are right for you and your loved ones.

Protecting Your Legacy

It’s a common misconception that a trust is reserved for only the uber wealthy. In fact, creating a trust can be an attractive option for many people. Your attorney will work with you and discuss your goals to help determine the proper trust to create for you and your loved ones. There are a number of advantages to developing a trust:

  • May give beneficiaries quicker access to assets upon your passing
  • May circumvent the probate process
  • Can reduce, or even avoid estate taxes
  • You can remain in control over how money is dispersed or distributed. In some trusts, you can even articulate certain conditions in order for the beneficiary to obtain assets.
  • Can preserve assets for generations to come by retaining wealth in a fund that allows for it to continue to grow.

For many, one of the most important things is protecting the legacy that has taken a lifetime to build. Not only can your attorney review your financial situation, our services can help you safeguard all that you have worked so hard for.

Reasons to Access an Attorney

The services of an attorney can help a dreaded process move smoothly and efficiently. Developing a trust can feel a bit overwhelming. You will want to make sure that you have covered everything. An attorney can prove to be helpful in a number of ways:

  • To ensure that the trust incorporates all key elements
  • Help manage any complicated situations that may come up
  • Develop a clear estate plan
  • To guide you in the required documentation needed to put together your plan
  • Listen to your needs and provide you with key legal information to make the most informed decision

It’s easy to continue putting off such an important process. Attorneys have heard every excuse in the book. While they are all valid, we both know the last thing you want is to leave your family with no instructions regarding how you would like your wishes carried out. Not only can your attorney put together trust accounts that provide a number of benefits, they can also ensure that your estate plan leaves nothing out.

If you have not yet taken the steps to create your estate plan, contact an estate planning lawyer O’Fallon, MO relies on at Legacy Law Center today. This will not only allow for you to rest easy in knowing that you have a plan for your family, you can feel confident in knowing that with their services, there’s no detail too small.