A trust attorney provides legal assistance to individuals and organizations seeking to protect assets and reduce their tax burden, especially as assets are transferred to beneficiaries. There are many types of trusts based on the purpose and situation. A knowledgeable, effective trust attorney is one who advises clients and bases a trust on their needs and wishes. Cunningham Law is an expert estate and trust law firm that will help you successfully navigate these issues.
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What Does A Trust Attorney Do?
Trust attorneys must understand your situation in order to provide effective representation. At Cunningham Law, we learn about you, the other parties involved and your relationships. We make sure that we work with you to inventory all of the assets of your estate. We work with you to identify your goals for the estate including who you wish to have as beneficiaries and how you wish for these assets to be distributed. We make sure that the estate is funded and that the trustee is supported.
Funding Your Trust
An established trust only effective if assets are transferred to it. The process of funding a trust is that process. Depending on the size and diversity of your estate, this could happen open a period of time.
Keeping Your Trust Current
Over our lives, our assets, families and even our priorities change. A periodic check-in is needed to make sure that the trust is current. Are there new assets that need to be protected by the trust? Are there new family members such as kids or grand kids that might need to be beneficiaries of the trust? And are there any shifts in priorities that change how the trust should be administered or how the assets should be distributed?
Cunningham Law is able to help you keep your trust current.
Do I Need A Trust?
Trusts are complex. They have their own language: irrevocable or revocable, living trusts, testamentary trusts and more. Cunningham Law will give you plain, clear counsel in terms you can understand. We’ll help you make sure that your assets are protected, your tax burden is minimized and your family is cared for.
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