Lake Charles Trust Lawyer
At Theus Law Offices, we know that trusts are a powerful tool that can offer benefits for many people, regardless of where they are on the spectrum of wealth. Both those with a modest estate and substantial estate can benefit from having a trust. Ultimately, this is a way to protect your assets now and allow your chosen beneficiaries to have a portion of your legacy after you have passed on. If you have questions about establishing a trust, our Lake Charles, LA trust lawyer is ready to help! Contact us today to get started!
Lake Charles, LA Trust Lawyer
A trust is a legal document that gives you a way to manage your property. This document is privately held, so it is not publicly recorded. Overall, a trust entails one person holding the title to the property within it, but has an obligation to use or maintain the property for the benefit of another person. The relevant parties within a trust are the settler (who creates the trust, beneficiary (chosen persons to receive assets), and the trustee (appointed person with legal duty to perform trust duties). There are two types of trusts, including a revocable trust and irrevocable trust. The former has provisions that can be altered at any time, while the latter cannot be modified or terminated without beneficiary permission. Reach out to our Lake Charles trust lawyer today for more information!
Depending on your circumstances and goals, trusts can be a useful planning tool. Our trust attorney has seen trusts growing in popularity because they are flexible and allow you to consider a variety of wishes and preferences. As our trust attorney explains, some benefits of having a trust are that it can protect and preserve your assets, minimize federal or state taxes, control how your wealth is distributed, address family dynamics, help a relative manage their financial affairs, and more. Utilizing estate planning tools protect your loved ones from the uncertainty and prolonged process of probate or intestate. Having a trust keeps your most prized possessions and wealth safe and secure.
Why Experience Matters In Devising A Trust
When you are protecting your legacy, using estate planning tools like a trust can be beneficial. You can rely on our trust attorney to help you devise an effective, legally-binding trust because:
- We understand that each client and their family dynamic is unique, so we tailor our approaches based on your needs and preferences.
- We earned a Client Champion Rating distinction and AV Preeminent Peer Review from Martindale-Hubbell.
- We have an Avvo rating of 10.0 Superb based on Experience, Industry Recognition, and Professional Conduct.
If you are interested in devising a trust so that your estate is protected now and into the future, then contact us today! Our Lake Charles trust lawyer is happy to help. At Theus Law Offices, what you have built over the course of your lifetime so far is our top priority. Let us guide you through writing a trust so that your best interests are protected. Contact us at your next convenience to begin!