Protect Your Assets With Trusts In Ohio
Setting up a trust can provide valuable financial protection for your loved ones while making sure your assets are managed according to your wishes. At , our experienced attorney will guide you through the complexities of trusts, helping you make informed decisions.
With over 20 years of experience, has been assisting clients throughout Dayton and the surrounding areas with all aspects of estate planning. Our dedication to personalized service and our track record of success makes us the right choice for handling all your estate matters, including trusts. We aim to make certain your family’s future is safeguarded.
What Are The Types Of Trusts?
When it comes to trusts, several options exist depending on your goals. Below are common types:
- Revocable trusts: Allows flexibility and can be altered or canceled during your lifetime.
- Irrevocable trusts: Once established, cannot be changed without beneficiary consent, offering tax benefits.
- Charitable trusts: Benefits a charity while offering tax relief.
- Special needs trusts: Designed to provide for a disabled individual without affecting government benefits.
- Testamentary trusts: Created through a will, activated after death.
An attorney at can explain each trust in more detail and help determine the best choice for your needs.
Why Choose A Trust?
A trust provides essential benefits for estate planning. It protects your assets from creditors and lawsuits, avoids the lengthy probate process and can offer tax advantages like reducing estate taxes. Trusts also maintain privacy since they are not public documents and allow for precise control over how assets are distributed.
Additionally, special needs trusts better ensure continued support for dependents with disabilities without affecting their government benefits. An attorney at can help you set up a trust that aligns with your goals and needs.
Speak To Our Trusts Lawyer Today
Take control of your estate planning with help from our skilled lawyer. Call 937-576-9991 or reach us via our online contact form to learn more about setting up a trust and protecting your assets for future generations.
