To learn more about trust creation and trust administration, contact our trust lawyers today. We can consult you and your loved ones on the different aspects of trusts, from creation to implementation.
Your trust will help you establish a legal separation between possession or use of a property and owning a property. All assets will be transferred to a trust so that it is the owner and a trustee will be named to manage your assets for your beneficiaries. We can even help you be the trustee of your own trust. In this case, you will name a back-up trustee to take over the assets should you pass away or become incapacitated.
The different kinds of trusts are created to serve various purposes. See below for some reasons that different trusts are created:
These are only a few of the many reasons why creating a trust is the smart decision for yourself and your loved ones. At Cross Law APC can review your situation, help you to determine if a trust makes sense, and support with the creation and funding of a trust.