Establishing a trust is a crucial component of estate planning and one of the best ways to protect your assets from fees surrounding probate law. However, too many people don’t take the time to set up trusts, thus putting their families in the difficult position of dealing with probate court. Thankfully, it’s not challenging to get started developing a trust. Talk with a trust attorney for Daniel Island SC from Buxton & Collie, LLC to see how you can protect your family and estate.
Several types of trusts give differing amounts of control to the trustor (owner of the estate) and trustees (managers/inheritors of the estate). Your standard trust places the trustor’s property, assets, and titles under the control of a trustee, who will divide them amongst beneficiaries upon the trustor’s death. Additional trust types include:
A trust attorney for Daniel Island SC can help set up a trust and provide knowledge and guidance for how to best manage a trust before and after the death of the trustor. As such, from Buxton & Collie, you can expect:
To ensure your family is supported after your passing, set up a trust with the assistance of a trust attorney for Daniel Island SC. Or, for additional legal services involving estate planning, real estate law or business law, call Buxton & Collie today at 843-606-2397. Also, we are located at 940 Johnnie Dodds Blvd, Ste 100, Mt. Pleasant, SC 29464.