Trusts

The creation of a trust affords trustors a number of benefits over a will, including:

• Probate avoidance
  Assets in a trust are distributed by the trustee in accordance to the terms established when the trust was created. Probate is not required and intestate succession does not apply.
• Loss protection
  Trusts can be Divorce Protected, Creditor Protected, Tax Protected and Spendthrift Protected as well as have provisions to ensure the responsible use by beneficiaries with disabilities or addictive behaviors.
• Enhanced control over estate distribution
  Trusts allow trustors to name specific beneficiaries of specific assets—including contractual assets—and outline provisions or conditions under which those assets can be released.