Trusts
Do you have a sizeable asset portfolio? Are you a high income earner? Do you own property outside of Colorado?
If so, you may want to consider a trus to protect your assets.
A Trust is a legal device that protects your assets while you are alive, and provides a framework for the disposition of the assets at a time of your choosing. More specifically, a Trust is a legal entity that holds title or ownership to real estate, vehicles, investments, money, and other assets. When set up properly, a Trust may help reduce your current tax burden, and that of your estate after your passing.
When incorporated into your estate plan, a Trust provides you with substantial control over who will receive your estate’s distributions, when, and on what terms. It also protects your estate and legacy from your heirs’ creditors and can help them avoid lengthy probate.
There are a variety of Trusts which fall under the broad terms of revocable trust—which can be amended while you’re still living—and an irrevocable trust which cannot be changed. When you work with experienced estate planning professionals like our team at Wayland Law, we can help you determine the types of trust that would be most beneficial to your overall estate plan.
The trust planning attorneys at Wayland Law PC fully comprehend the benefits to having a trust, and we know how to best incorporate them into your estate plan. Our goal is to provide you with straightforward trust options which are tailored to your estate planning goals.
Ready to get started? Schedule a free consultation with an experienced estate planning attorney today.
Estate Planning Services
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Wills
Work with one of our experienced Estate Planning attorneys and have confidence that your dependents will be cared for and your assets will be divided as you desire.
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Trusts
A Trust is a great way to protect your assets. We understand the benefits of having a Trust and know how to incorporate them into a comprehensive estate plan.
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Advanced Healthcare Planning & Living Wills
Don’t force your loved ones to make end of life decisions for you. Let them follow your wishes through a well thought out Living Will.
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Durable Power of Attorney
Have pease of mind knowing that your finances are in good hands when you can no longer manage your affairs alone.
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Probate Administration
The Colorado probate process can be complex. We can help you navigate the probate process, resolve will challenges, and assist with asset distribution.
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