Estate Planning

Trust Attorney MN

If you are considering a trust attorney MN then you will want to contact Schechtman Law Office. We offer a free consultation for the discussion of trusts. A trust is an agreement between one or more parties where assets are held by the trustee. The title for a trust is held by the trustee. This person is generally responsible for the distribution and administration of the assets for the beneficiary. There is generally a written agreement created outlining the terms and conditions of the trust. If you are considering a trust, you should contact us because we have over 20 years of experience in the area of family law and can provide you with a free consultation.

Different typs of Trusts MN

There are a number of different types of trusts that people can set up. The following list is just some of the trusts that people commonly create. Generally, trusts are private agreements and the court system doesn’t usually get involved in trusts. You will want an attorney that has the expertise and experience that you need to set up your trust. Commonly created trusts include –

Supplemental needs trust – set up for a disable person to supplement any other assistance
Irrevocable trust – this cannot be amended or changed
Inter Vivos trust – a trust that contains a transfer during the trustor’s lifetime, generally referred to as a living trust
Discretionary trust – grants a large amount of discretion for the administrator of the trust to distribute assets
Testamentary trust- generally takes effect after a death

If you are considering setting up with a trust attorney MN then you should contact our office today. We offer a free consultation and we can provide you with the expertise that your situation deserves. Our trust attorney MN will work to ensure that your trust is set up to effectively handle and protect your assets and beneficiary. We offer the best customer service for our clients so that they know that they are being taken care of to the fullest extent.

Estate Planning Minnesota

If you are estate planning minnesota law provides a number of provisions to consider. Estate planning minnesota is basically the process of controlling your assets during and after you life. Schechtman Law Office will help you plan your estate to make sure that the optimal goals of estate planning are met. We specialize in the area of family law and can provide you with the proper guidance that estate planning minnesota requires. Estate planning is a multifaceted approach to making sure that your assets provide you with enough income, ensure that your assets are distributed accordingly after your death, and making sure you find the most favorable tax rates on your assets.

Estate Planning Minnesota Considerations

Following is a list of considerations that you will want to take into account when you are estate planning. We offer a free consultation to all of our potential clients and can lead you in the right direction if you are thinking about estate planning. Know that this list is not comprehensive but we can provide you with a full assessment if you contact our office today.

Property
Life insurance- amounts and ownership
Treatment of heirs
Passing on a business
Power of Attorney
Tax minimization

If you are considering estate planning you will want to make sure that you have all of your assets appropriately allocated and distributed. This will allow for equitable treatment as you intend. Also, we can help you find the most favorable tax incentives when planning your estate. There a plenty of legal considerations to take into account when you are looking at your estate. We can help you accurately and comprehensively allocate you assets.

As always we offer a free consultation to all of those who are looking at estate planning minnesota. We offer top level legal expertise with over 20 years of experience and the best customer care that is available. Please contact our team to day for a free consultation. We are family law professionals that you can count on with your estate planning needs.