Secure Your Legacy And Your Family With The Help Of Our Trust Lawyers
Estate planning is much more than just writing a will. Including one or more trusts can help you reduce estate taxes, avoid probate, and ensure that your loved ones are provided for if something happens to you. Trusts can also be a valuable part of your retirement planning, helping you qualify for Medicaid without losing all your assets. If you believe that trusts are only for the very wealthy, our Anaconda, MT trust lawyers can help you learn otherwise.
The attorneys at Silverman Law Office, PLLC take the time to get to know you and your family, your current financial picture, and your goals. We do more than simply write wills and create trusts; we partner with you to meet your needs today, tomorrow, and beyond. Contact our firm today to learn more about incorporating trusts into your estate plan.
Benefits Of Establishing A Trust
Montana estate law permits multiple types of trusts, each intended to serve a specific purpose. You can establish a trust to pay for a child’s education or set an allowance for a spendthrift relative. If you have a child or loved one with special needs, our Anaconda trust lawyers can explain how to create a special needs Trust, which can enhance your loved one’s life, pay for what their benefits don’t cover, and still maintain their eligibility for government health care and other benefits.
You can place a house in a trust, giving your spouse a place to live until they pass away. Then, the house transfers to your intended heir. This may be advantageous for people in second marriages who have a family home or to help prevent disputes over the home after you pass away.
Finally, a Medicaid trust can preserve as much of your money and assets as possible while still allowing you to qualify financially. However, these trusts can be tricky to set up, and one error may result in losing your coverage. Our attorneys create trusts that work for you and fit your specific goals and obligations.
Why Choose Our Estate Planning Attorneys
With our deep knowledge of taxation and finance laws and decades of combined experience as estate planning lawyers, we provide specific, personalized advice tailored to your needs. We offer comprehensive trust-creation services, explaining your responsibilities as a creator and helping you select the right trustee to manage your trust or trusts. Our Anaconda trust lawyers also provide trust administration services if you don’t have someone in your life whom you trust to uphold the fiduciary duties of a trust administrator.
At Silverman Law Office, PLLC, we want to help you develop projections for the future, including generational wealth. Establishing the right trusts is essential to this. We also help manage trusts on your behalf, including making investments to grow them and alerting you to changes in Montana estate code that could impact your estate planning and trusts. Contact our firm today for a personalized consultation.
