Trusts – asset protection, tax planning, security
One of the more complicated areas of estate planning is the world of trusts. On a basic level, a trust is pretty simple: an entity in which you place property for the benefit of one person (sometimes yourself) but managed by another person.
There are a lot of different types of trusts, and a lot of different reasons to create a trust. Many types of trusts are created to take advantage of specific tax incentive programs or loopholes. Others are created to ensure that property is preserved against waste or abuse. Still others are created as part of an effort to protect one’s assets from others.
Whatever your goal may be, if you’re in need of a trust, Dan Slater can help find exactly the right trust product for you and draft it to meet your specialized individual needs.