Lexington Irrevocable Trusts Attorney
An asset protection trust can be a very important way to preserve your family wealth for future generations. Joel A. Bernstein & Associates in Lexington, Massachusetts, effectively and efficiently handles all of your estate planning needs, including irrevocable trusts and post-death administration of wills and trusts.
In an irrevocable trust the grantor of the property cannot end the trust and reclaim the trust assets. The grantor can change some of the trust provisions that affect the management of trust assets but cannot change the named beneficiaries of the trust. The grantors assets that are part of an irrevocable trust can pass to the beneficiaries in such a way as to take advantage of what can be very large tax savings.
Lexington Estate Planning Attorney
Attorney Joel Bernstein will listen carefully to your concerns, needs and desires, and evaluate which estate planning devices are appropriate for your situation. Without careful estate planning, a significant portion of your assets could end up being used to pay state and federal estate and death taxes rather than benefiting your loved ones or favorite charitable causes. Irrevocable trusts can be used to address this concern.
Belmont Permanent Trust Lawyer
If you have questions regarding estate planning and post-death administration of trusts and wills call lawyer Joel Bernstein at 781-325-1921, toll free at 888-811-7692 or fill out the online form on this website for a free, initial phone consultation. We will review your case and your options with their respective benefits and drawbacks, and any alternatives to the legal process that you may have. We look forward to assisting you and will provide the individual attention and personalized service that you deserve.
