Trust Attorney Daniel Island SC

Protect Your Family and Estate with Help from a Trust Attorney for Daniel Island SC

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.

What Do Trusts Do?

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:

• Living Trusts – A trust that the trustor can continue to access and benefit from while still living.
• Revocable Trusts – A trust that can be adjusted, added to, or revoked any time before the trustor’s passing.
• Irrevocable Trusts – A trust that cannot be changed upon its establishment.

How Can an Attorney Help?

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:

• Set Up and Changes – It takes a proper understanding of estate laws to correctly set up a trust in a manner most beneficial to your beneficiaries. Additionally, for living or revocable trusts, your attorney can help you make any changes or adjustments you feel necessary.
• Upon Death – When the trustor dies, a trust takes full effect. However, that can mean legal management work that the trustee might not be familiar with. Buxton & Collie can guide you through the process by notifying appropriate parties of the trustor’s death, reconciling outstanding debt, distributing assets to beneficiaries, etc.
• Legal Protection – The primary reason for establishing a trust is to ensure the majority of an estate avoids probate. Otherwise, your family could face probate fees, a reduction of assets, and a long and drawn-out probate process. Additionally, your attorney ensures the trust complies with state and federal laws and is legally sound.

Contact Our Office

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.