Grapevine Texas Trust Attorney
Mid Cities – HEB – DFW – Grapevine Trust Planning Attorney
Trusts are useful estate planning instruments because in some situations they can be utilized to protect assets from the creditors of beneficiaries, reduce taxes, and control investment and administration.
Located in Grapevine, Texas, and servicing the communities throughout the Mid Cities and Dallas-Ft. Worth area, the trust planning attorneys at Thomas & Henderson, P.C. utilize over 40 years of combined experience in handling complex trust planning. We take the time to properly ascertain your goals and discuss your options with you. Our goal is two-fold: to accomplish your objectives and ensure you understand the benefits and limitations of any options you elect. For more information about our qualifications and the quality of our service, please visit our Firm Overview page.
For a complimentary confidential consultation with a Texas trust planning attorney or irrevocable trust lawyer – Call Thomas & Henderson, P.C. – (817) 358-8900.
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Trusts can be complex, and different trusts can be utilized to accomplish different goals. Often times, estate plans include multiple trusts, each designed for a specific purpose. Some examples of the various trusts that can be included in an estate plan are:
- Living Trusts: a trust designed to hold and administer assets for a person’s lifetime, and then the assets are transferred to a designated beneficiary. This is a useful instrument to protect your assets such as your house, bank accounts, stocks, bonds, etc. in the event of incapacity.
- Charitable Trusts and Charitable Remainder Trusts: these trusts are used for leaving money to charitable institutions. There are some tax benefits to using charitable trusts.
- Special Needs Trust – SNT: these trusts are used to provide benefits to someone with special needs without affecting their government assistance and government benefits.
- Marital Trust: this trust can be in the form of a Qualified Terminable Interest Property Trusts or QTIP trust, which allows you to provide for a spouse (typically in a second marriage) and still leave a legacy for your children.
Of course there are many more types of revocable and irrevocable trusts, such as:
- Education trusts
- Life insurance trusts
- Spendthrift trusts
- Generation skipping trusts
To find out more about trusts and trust planning, and how a trust can be very useful estate planning tool, please schedule a confidential consultation with an experienced Texas estate and trust planning attorney by calling us at (817) 358-8900 or filling out our intake form on our Contact Us page. Let us help you to preserve and protect your assets.
We Listen and Prepare You for Your Future
Law Offices of Thomas & Henderson, P.C.
Texas Marital Trust Attorney
Grapevine Living Trust Lawyer
Mid Cities Trust Planning