TRUSTS

A trust is a legal structure designed to transfer property from the settlor to a trustee for purposes of putting to use that property for the benefit of its beneficiaries, being distributed in a pre-ordained manner to optimize the property's benefit to the recipients. As such, it has numerous estate planning and tax planning benefits, as it enables the settlor to effectively maximize how that property is to be utilized - minimizing its tax exposure, while optimizing one's control over its application (both in life and in the future).

There are numerous variants of trusts and purposes that they can and may serve. By working with a lawyer interested in discerning what you desire and see as appropriate for your family, together with helping you identify aspects that you may not have considered or deemed important, it possible to build the appropriate estate plan together.