Trusts And Trust Administration
The most powerful tools in estate planning are trusts. Trusts are basically instructions you write showing exactly how you want your life assets to be transferred. There are many kinds of trusts, achieving many different objectives, from tax optimization to asset protection.
Unlike a will, a trust is a private document and need not be filed with the probate court. They are used not just to sidestep the probate process, but to optimize the tax burden and to transfer assets in the precise way you intend.
Special Needs Trusts · Revocable Living Trusts · Charitable Trusts
Trusts are not a substitute for a will, and a will is not the same as a trust. But trusts give individuals remarkable flexibility in planning for the future. Talk to the estate planning attorney at Lins Law Group, P.A., to discuss a trust that is just right for your situation.
For more information, read our Probate And Trust Administration FAQ page.
Trust Administration Lawyer
Trusts must be created, and then they need to be properly administered. Trust administrators, known as trustees, must handle trust accounting, sending notices to beneficiaries, managing estate appraisal and inventory, filing taxes and administering subtrusts, if any.
In the event that trust disputes should arise, Lins Law Group, P.A., is experienced in trust litigation.
Trust administration requires knowledge of the law and experience working in trust administration. Whether the trust was drafted by our office or another firm, we at Lins Law Group, P.A., are happy to assist trustees in administering the trust.