Trusts

Secure Your Legacy With Trusts And Estate Planning

At Anzen Legal Group, we believe that securing our legacy and protecting our assets is vital. Without proper planning, we may lose control over the future of our property and assets, leaving our loved ones in a difficult situation. That's why we specialize in trusts and estate planning, ensuring that our clients' legacies are preserved and their assets are protected.

Trusts are a legal arrangement that transfer asset and property rights from one party to another, often created to protect the grantor's assets after death. They can also be used to grant asset distribution while the grantor is alive and are active upon signing, with no probate required.

There are different types of trusts, including revocable, irrevocable, and boutique trusts, each tailored to specific needs. At Anzen Legal Group, we work closely with our clients to create trusts that best suit their individual needs, ensuring that their assets are protected and transferred to their loved ones according to their wishes.

Trusts and Asset Protection

We can protect our assets and secure our legacy by creating trusts. Trusts are legal arrangements that transfer asset/property rights from one party to another. By creating a trust, we can maximize benefits such as avoiding probate and controlling finances after death.

Trusts are often used to protect the grantor's assets after death, but they can also grant asset distribution while the grantor is alive. Legal considerations are important when creating a trust. Without a will or trust, we have no control over the future of our assets/property.

Estate planning is necessary to avoid state intestacy laws. When creating a trust, it is important to choose the correct type of trust based on our specific needs. An experienced estate planning attorney can help us create a trust that protects our assets and ensures our legacy is transferred to loved ones.

Types of Trusts

Let's explore the different types of trusts available for asset protection and distribution.

Revocable trusts allow the grantor to make changes to the trust while they're alive. This type of trust is less protected than an irrevocable trust, which can't be changed without the beneficiary's consent.

Irrevocable trusts offer protection from estate taxes and can help protect assets from creditors, as the grantor no longer technically owns the assets transferred to the trust.

Boutique trusts are another type of trust that can be tailored to protect specific types of assets. For example, an Anzen Legal Group attorney can assist with creating a gun trust to ensure compliance with state and federal laws. Boutique trusts can also be created to protect assets such as real estate or intellectual property.

By working with an experienced estate planning attorney, you can ensure that your assets are protected in a way that aligns with your wishes and provides for the future of your loved ones.

Avoiding Probate and Estate Planning

To avoid lengthy court proceedings and unnecessary expenses, it's important to consider options for distributing assets and protecting them from probate.

A trust is a common tool used in estate planning to avoid probate and maximize inheritance. By placing assets into a trust, they are transferred to the control of a trustee who can distribute them according to the grantor's wishes after death. This process allows for a faster and more efficient transfer of assets, avoiding the need for probate and the resulting legal fees.

Estate planning is an important aspect of protecting one's assets and ensuring they're passed down to loved ones. By creating a trust, individuals can have control over their assets while still alive and ensure they're distributed according to their wishes after death.

Working with an experienced estate planning attorney can help navigate the complexities of creating a trust and avoiding probate, ultimately saving time and money in legal fees.

Protect your family and your business with the help of Anzen Legal Group. Our experienced team of attorneys offers comprehensive legal services in estate planning, business formation, and business law. 

Contact us today at (970) 893-8857 to start planning for the future and managing the unexpected.