Trusts

Krueger and Valente Law, LLC provides quality trust solutions for clients seeking advanced estate planning. Trusts play a crucial role in nearly every advanced estate planning technique.

Revocable Living Trusts are a popular type of trust used in advanced estate planning to create additional flexibility, control, and cost savings. With a Revocable Living Trust, a trustee can manage your assets after you pass away or become incapacitated, and they will be required to follow the rules you set forth in your Trust Agreement. The assets in the Revocable Living Trust will avoid probate court, thereby saving on unnecessary probate fees. In fact, probate fees on an estate with $100,000 in personal assets can be as much as $8,000, making a Revocable Living Trust a wise investment.

In addition to Revocable Living Trusts, there are many other types of trusts used in estate planning, such as Medicaid Trusts for protecting assets from collection if you ever need Medicaid, Asset Protection Trusts for individuals who are potential targets for lawsuits, Special Needs Trusts for individuals receiving federal or state benefits, and Gifting Trusts and other Irrevocable Trusts to help minimize estate taxes.

At Krueger and Valente Law, LLC, we focus on using the most effective mix of trusts to provide clients with the best solutions for their specific needs.