Trust Attorneys Serving Washington State
Trusts are powerful estate planning tools, offering flexibility, control and peace of mind. They can help manage and protect your assets, ensure your wishes are honored, and provide for your loved ones in a structured manner. The Marine View Law team can guide you in creating a tailored trust to meet your unique needs.
Experienced trust attorney Renee Roman understands the demands of life in the modern world and offers contemporary estate planning solutions to meet those demands. Serving Des Moines, Normandy Park and Tacoma, call for a complimentary 15-minute consultation to help you strengthen your estate plan with trusts.
Types Of Trusts In Washington
Several different trusts are available in Washington state to achieve various estate planning objectives. Here are some of the most common trusts people choose:
- Irrevocable trust: This type of trust cannot be modified or terminated without the permission of the trust’s beneficiary. It offers significant tax advantages and asset protection.
- Revocable trust: Also known as a living trust, this can be altered or revoked by the grantor (trust creator) during their lifetime. It provides flexibility and helps avoid probate.
- Special needs trust: These are designed to provide for a beneficiary with special needs without affecting their eligibility for government benefits.
- Charitable trust: Allows you to donate assets to a charitable organization while receiving tax benefits and potentially providing income to your beneficiaries.
Each of these trusts serves a specific purpose and can be a valuable component of a comprehensive estate plan. Understanding the advantages they offer can help you make informed decisions about your estate planning strategy.
The Benefits Of A Trust
Adding one or more trusts to your estate plan can offer numerous advantages. Trusts can help you manage your assets more effectively, reduce estate taxes and ensure that your wishes are carried out – precisely as you intend. They can also provide privacy, as trusts are not subject to public probate proceedings while protecting your estate from creditors and legal challenges.
Legal Guidance For Establishing A Trust
The advantages of choosing a lawyer with extensive experience and an understanding of modern estate planning needs cannot be overstated. Attorney Roman can guide you smoothly through the creation and execution of trusts for your estate plan.
Fill out the online contact form or call 206-792-5549 to schedule a free 15-minute consultation at one of Marine View Law‘s three offices in Des Moines, Tacoma and Normandy Park, Washington.