Trusts
"Building a legacy through secure and flexible planning"
What is a Trust?
A trust is a legal arrangement that allows you to manage and protect your assets for the benefit of your chosen beneficiaries, both during your lifetime and after your passing. Trusts offer flexibility, privacy, and control, making them an essential part of a comprehensive estate plan. At Gilbert Law, we specialize in creating customized trusts tailored to your unique financial and family circumstances.
What are the Benefits of a Trust?
Trusts offer several advantages that make them an attractive estate planning tool:
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Avoid Probate: Trusts allow your assets to be distributed without going through probate.
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Control Over Asset Distribution: You can specify how and when your beneficiaries receive assets.
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Protection: Trusts can protect your assets from creditors and lawsuits.
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Tax Efficiency: Properly structured trusts can help reduce estate and gift taxes.
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Types of Trusts
​At Gilbert Law, we offer a variety of trust options to fit your needs including:
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Revocable Living Trust: Allows you to maintain control over your assets during your lifetime.
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Irrevocable Trust: Provides stronger protection against creditors and estate taxes.
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Charitable Trust: Allows you to leave a legacy of giving while receiving potential tax benefits.
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Asset Protection Trust: Shields your wealth from future creditors.
Estate Planning with a Trust
Creating a trust can seem complex, but Gilbert Law is here to guide you through every step (1) We assess your financial situation and goals to determine the best type of trust for you. (2) We draft and implement the trust according to your wishes. (3)
Just as life evolves, so should your trust. Our team can help you make necessary updates and ensure that your trust is administered properly, keeping your estate plan on track with your current goals.