Creating Trusts That Accomplish Your Goals
Depending on the type of property in your estate and your estate planning goals, trusts can be useful tools. In many cases, trusts can help your estate bypass the often time-consuming and costly probate process. Trusts can also help to avoid certain estate taxes. Since trust administration proceedings are not a matter of public record, the grantors keep information about their estates and beneficiaries private.
Trusts are sophisticated estate planning instruments, and it is important you have a complete understanding of all the potential benefits and drawbacks associated with them.
At Falzone & Wyler LLC in Media, Pennsylvania, our attorneys can answer all your questions about trusts and advise you as to whether they would be a good addition to your estate plan.
How Do Trusts Work?
Trusts are established when you place property in the care of a trustee for distribution to a beneficiary at a later time. In the trust documents, you outline what will happen with the property until it is distributed and how it will be distributed. You determine how the property should be invested or used until it is distributed, when it should be distributed and to whom.
We are prepared to help you with trusts to accommodate any need, including the following:
- Revocable and irrevocable trusts
- Testamentary trusts
- Inter vivos or living trusts
- Insurance trusts
- Special needs trusts
- Education trusts
- Charitable trusts
Our Office Is Conveniently Located
Our office is located across the street from Media Borough Government Center and is within walking distance of the courthouse. Our location is convenient to the blue route and major arteries, and we have free parking on-site.
How To Contact Us
Contact Falzone & Wyler LLC today to discuss your questions about trusts. We offer a free one-hour consultation to all new clients. You can reach us by phone at 610-726-1634, toll free at 866-986-5647 or contact us online.