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Аll the necessary legal services that you need
A trust is a special agreement that makes it easy to transfer the assets of an estate to designated beneficiaries. The trust allows you not to make a will. It saves you a lot of money that could have gone to court costs, probate services, and so on. Bielkin Law Firm will help efficiently gather the necessary documentation, choose the right type of trust and get the most out of it. Our law group presents all the necessary legal services that you need.
Wills and Trusts — what you need to know: Trusts are often misunderstood.
A trust is a legal relationship, not just a document. In this relationship, you manage assets for the benefit of another person. A trust and will is a guarantee that assets will be distributed correctly among your family members and others. The main difference between a will and a trust is that the former works only in the event of death. A trust works after you sign it.
When you need a trust
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Proper expenses management. The trust often helps beneficiaries effectively manage expenses. It also helps them avoid poor investment decisions;
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Protecting from creditors. Lawyer can help you to make a trust, that keep money from your credit obligations;
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Inheritance and estate taxes. When you create a trust, it's worth understanding that it can help to reduce the amount of taxes when property is transferred to the beneficiary. This detail should be discussed with your trust lawyer;
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Life insurance. A trust can be formed for insurance payments without an excessive tax burden. Such a measure helps to protect your family and loved ones from troubles;
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Avoid probate. A will as a way of distributing an inheritance is a rather complicated legal procedure. Trust may save you from unnecessary financial worries;
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Unique assets. Trust can help you effectively manage a variety of assets, such as recreational vehicles, minerals, pets and many others.
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Proper expenses management. The trust often helps beneficiaries effectively manage expenses. It also helps them avoid poor investment decisions;
-
Protecting from creditors. Lawyer can help you to make a trust, that keep money from your credit obligations;
-
Inheritance and estate taxes. When you create a trust, it's worth understanding that it can help to reduce the amount of taxes when property is transferred to the beneficiary. This detail should be discussed with your trust lawyer;
-
Life insurance. A trust can be formed for insurance payments without an excessive tax burden. Such a measure helps to protect your family and loved ones from troubles;
-
Avoid probate. A will as a way of distributing an inheritance is a rather complicated legal procedure. Trust may save you from unnecessary financial worries;
-
Unique assets. Trust can help you effectively manage a variety of assets, such as recreational vehicles, minerals, pets and many others.
Trust lawyer service
First of all, experts from Bielkin Law Firm do a thorough analysis of your request. Lawyers help you determine the most effective from different types of trusts, make an estate plan (if it's needed). In the end, the trust document will be drawn up according to your wishes.
The proper formation of a trust is a complex legal process, so we do everything we can to make sure you keep peace of mind.
