Trusts Attorney in Killeen
Representing Clients Throughout Texas Since 1992
If your goal is to avoid probate so your loved ones don’t get hit with expensive taxes, you will need to establish a trust to transfer your wealth after your death. A trust is an arrangement where you assign a person called a trustee to hold your assets and distribute them to the people included in your will and other estate planning documents. With a well-structured trust, you can provide your family with the protection they need to manage your wealth and continue your legacy.
At the Law Office of Nancy Perry Eaton, PLLC, we provide clients with the legal assistance they need to establish the right types of trusts for their estates. Our legal team is here to assist you with any of the following trusts:
- Revocable Trust: This type of trust can be revoked or changed during your lifetime. This type of trust is subject to taxation while you are alive and becomes irrevocable after you die and when the terms have been administered by the trustee.
- Irrevocable Trust: This type of trust can’t be altered buthas tax benefits that you might want to take advantage of. Our lawyers can walk you through the process of creating an irrevocable trust and can help you determine the best strategy to avoid expensive taxes.
- Living Trust: A living trust can help your beneficiaries avoid probate and maintain your financial privacy.
- Life Insurance Trust: With this type of trust, you can make sure your loved ones receive your life insurance benefits without paying high estate taxes.
Our legal team is here to use our extensive resources and knowledge of the law to protect your assets and prepare your estate to be easily transferred to your loved ones when you die. If you are worried about how much your family will be taxed if your estate passes through probate, you need to consult with our attorney to discuss all of your options under the law.
Give us a call today at (254) 221-8588 to request your free consultation with a member of our law firm.