A Boutique Law Firm Serving Northern Kentucky and Ohio
Northern Kentucky Trusts Attorney
A trust is a legal arrangement designed to protect assets and provide for beneficiaries. Trusts are often used to manage a person's estate during their lifetime, but they can also be used to manage assets for a minor. In some cases, trusts can be used to protect a person's assets from creditors or to manage assets if a person becomes disabled. A trust can be revocable or irrevocable, and it can be created by a person or their attorney.
At Smith Law, our trust lawyers have years of experience creating customized trusts to meet your needs. We will work with you to create a trust tailored to your specific needs.
What Is a Trust?
A trust is a legal entity that holds and manages assets for the benefit of specific individuals or entities, known as beneficiaries. It's created by a grantor who transfers ownership of assets into the trust. A trustee, appointed by the grantor, manages and administers the trust according to the terms set forth in the trust document.
Trusts can take various forms, including revocable and irrevocable trusts. Revocable trusts allow the grantor to retain control and make changes during their lifetime, while irrevocable trusts, once established, are typically unalterable.
Benefits of a Trust
Trusts offer advantages like avoiding probate, ensuring privacy, and allowing for seamless asset distribution upon the grantor's death. Each type of trust serves distinct purposes, making it a valuable tool in estate planning and wealth management.
Talk to a Skilled Northern Kentucky Trust Attorney
At Smith Law, we take pride in our dedication to helping clients navigate the complex world of trusts. Our results-driven team has earned the respect of the community through years of experience and a commitment to excellence. We understand that every client is unique, and we prioritize personalized service to ensure your experience is seamless and your goals are met. Trusts can be a powerful tool in estate planning and asset management, and we have the expertise to guide you every step of the way.
With Smith Law, you're not just a client; you're a valued individual, and your trust matters to us. Trust in us to protect your legacy and secure your financial future.
Contact us online or call (859) 710-9001 to schedule a consultation with a seasoned trust lawyer serving Northern Kentucky.