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Trust Attorney Charleston SC
A man holding money and their trust plan from a Trust Attorney for Charleston SC

Thinking Ahead: Find a Trust Attorney for Charleston SC

While creating a will is an essential step in estate planning, alone, it sometimes isn’t enough. If you’re looking to ensure greater control over your assets before and after your passing, you might consider establishing a trust. Setting up a trust, whether revocable, irrevocable or otherwise, can be a straightforward process with the assistance of a trust attorney for Charleston SC. And for Buxton & Collie, LLC, establishing trusts is something we have plenty of experience doing throughout South Carolina.

Common Types of Trusts

Depending on what you’re deciding to do with your assets, there are several types of trusts that offer different benefits. When working with Buxton & Collie, we will help you determine what trusts work best for your desires.

  • Revocable Trusts – A trust that can be altered, changed or revoked while the trust maker is still living. Also known as a living trust, this trust helps avoid probate but can still be targeted by creditors.
  • Irrevocable Trusts – The opposite of a revocable trust. With this trust, once it’s established, it cannot be modified. After the trust maker of a revocable trust dies, it turns into an irrevocable trust.
  • Charitable Trusts – If looking to donate all or a portion of your assets to a charitable organization upon your death, you can do so through a charitable trust. This trust also helps avoid estate and gift tax.
  • Tax By-Pass Trusts – Upon your death, this trust would transfer property and assets to a surviving spouse. After the surviving spouse passes, the remaining estate would be given to any children, also bypassing the most outrageous tax percentages if not otherwise a part of a trust.
  • Asset Protection Trusts – If you’re worried about your assets being claimed by creditors, an asset protection trust can protect your estate from a creditor attack. The trust would be irrevocable for several years and only returned to the trust maker if creditor risk has diminished or gone entirely.
A Trust Attorney for Charleston SC going over estate planning with clients

Beyond Estate Planning

There are plenty of other trust types to choose from, in addition to the remainder of estate planning. However, Buxton & Collie can do more for our clients outside being a trust attorney for Charleston SC. Our law firm handles real estate law for individuals or businesses looking to buy, sell, lease or build property. Also, our team of lawyers has experience with business law, helping companies manage mergers & acquisitions, private equity, incorporation and much more.

Contact Our Office

Don’t allow your family to go without support after your passing. Talk with a trust attorney for Charleston SC today to get your estate planning started. And to learn more about Buxton & Collie, LLC and our services, call today at 843-606-2397 to request a consultation. Also, we are located at 940 Johnnie Dodds Blvd, Ste 100, Mt. Pleasant, SC 29464.