Trust Attorney Kiawah Island SC

Place Assets Aside for Loved Ones with Help from a Trust Attorney for Kiawah Island SC

There’s never a wrong time to think about your future and the future of your family. To ensure your loved ones are prepared for life after your passing, it’s smart to consider estate planning. And one such aspect of estate planning, trusts, ensures you can control your assets in the way you prefer. For help setting up a trust, speak with a trust attorney for Kiawah Island SC. It’s time to give the professionals at Buxton & Collie, LLC a call.

Understanding Trusts

A trust can be defined as a fiduciary relationship between you (the trustor) and your chosen trustees, giving them control over wealth and assets placed in a trust. The way your trust is set up determines the amount of control either you or your trustees have over its assets. For example, a living trust allows the trustor control and benefit while they are still living. Or, a revocable trust can be changed throughout your life. Conversely, an irrevocable trust is set in stone upon its establishment.

The Duties of Your Attorney

From the initial set up of your trust to its implementation upon your passing, a trust attorney for Kiawah Island SC can help with the complete management of your trust. As such, some of the tasks we perform include:

• Trust Set-Up – Initially, establishing a trust can take time and tons of legal paperwork. Thankfully, our attorneys understand the intricacies of estate planning and can help set up a trust to your particular preferences.
• Administration of a Trust – Upon the trustor’s passing, a trust will take effect in full. However, if you’re not familiar with the administration of a trust or estate, you can seek help from our legal team. We can assist with notifying beneficiaries and organizations of the trustor’s death, dividing assets among beneficiaries, managing outstanding debt, filing taxes, etc.
• Protecting Assets – One of the primary purposes of a trust is to prevent much interference from local probate law. Otherwise, you can end up paying probate fees and losing a significant portion of your estate to probate court. Thankfully, a trust attorney for Kiawah Island SC can draft a plan of protection through your trust, thus maximizing the benefits beneficiaries receive.

Settling Additional Legal Matters

While Buxton & Collie has significant experience in establishing trusts, setting up wills, and other estate planning tasks, we also assist our clients with various other legal matters. For example, we employ real estate attorneys who assist with selling and closing commercial and residential property. Additionally, our team of business lawyers can help with all the legal aspects of running your business.

Give Us a Call

Take a step in the right direction for your family’s future when you seek assistance from a trust attorney in Kiawah Island SC. To learn about Buxton & Collie and how we can help with estate planning and more, contact us today at 843-606-2397. Also, we are located at 940 Johnnie Dodds Blvd, Ste 100, Mt. Pleasant, SC 29464.