Create Trusts; Administer Trusts; Resolve Disputes
For a variety of reasons, many clients of Ford + Bergner LLP express an interest in creating trusts. Their interests in trusts are driven by many objectives, but among those are desires to protect assets from creditors, to save estate taxes, to provide easy management of assets if someone becomes incapacitated, and to make gifts to minor children or grandchildren. Trusts have become increasingly common for these purposes in recent years.
From offices in Houston, Dallas and Austin, our attorneys have a focused mission to help Texans create estate plans to meet their needs. Because our entire firm handles only estate and trust matters, we offer an atmosphere of trust and comfort for individuals and couples seeking solid estate planning, and we are fortunate to work with a wide variety of clients – from young couples just starting their lives together to older, more established families nearing retirement to small business owners working to plan for the future and successful business owners seeking to establish a transition plan for their company when they retire. Regardless of the size or complexity of the issues, our attorneys strive to provide the best quality of service to each client.
What Types Of Trusts?
Trusts that our clients often choose and customize include:
- Testamentary trusts are trusts that are included in a will. Often, testamentary trusts are used to protect assets from the creditors of future generations, save estate taxes, and protect family members who may not be able to protect themselves.
- Revocable living trusts are trusts established to manage assets during life and then control the disposition of those assets upon death.
- Irrevocable trusts to protect from creditors, make gifts to future generations of your family, etc.
- Special needs trusts for disabled adult children, other vulnerable family members or other named beneficiaries.
- Charitable Trusts are created by clients who wish to benefit certain charities for years to come.
These are examples of the varieties of trusts that we help clients create and manage. As needed, our estate planning lawyers help people transfer the titles of assets to the trusts that they create. We also assist trustees in their duties of administering trusts.
Get The Conversation Started About Trusts That May Serve Your Purposes