Raleigh Trust Drafting Attorney
Helping Clients Use Trusts to Accomplish Their Estate Planning Goals
If your estate planning goals cannot be accomplished through a simple will, you may want to consider setting up one or more trusts. Over the years, estate planners have developed a number of different types of trusts that can be used to achieve a variety of objectives.
At the law firm of Brady | Cobin Law Group, PLLC, we have the experience to guide clients through the process of creating trusts and entering into trust agreements. Raleigh trust drafting lawyer Dan Brady and Andrew Cobin have a combined 35+ years’ experience in offering estate planning services in North Carolina since 1982.
Recommending the Best Approach to Meet Your Specific Needs
A trust is a financial arrangement in which one party, the trustee, holds assets to be used for the benefit of another party, the beneficiary. The trustee and the beneficiary can be the same person or two different people. Our firm helps clients create all types of trusts, including:
- Testamentary trusts: This is a trust that is created by your will at the time of your death. Testamentary trusts are often used to provide for the care of minor children.
- Revocable living trusts: Also known as an inter vivos or grantor trust, this type of trust can help you keep your assets out of probate while maintaining control over them during your life.
- Irrevocable trusts: This type of trust causes you to lose some amount of control over your assets during your life but can have estate tax advantages and other benefits.
Before creating any type of trust, it is important to consult an experienced attorney to make sure you are taking the right steps for your specific situation. Mr. Brady and Mr. Cobin have an extensive background in trust drafting and can help you find a solution that meets your individual needs.
Wake County Lawyer · Revocable and Irrevocable Trusts · 919-782-3500
Trusts play an important role in many estate plans, but like anything else in estate planning, there is no one-size-fits-all approach. To schedule an initial consultation to discuss your trust options, please contact us at 919-782-3500 or by e-mail.