Trusts have become an increasingly popular estate planning tool in recent years, and for good reason. Trusts offer a powerful way to protect the people you care about, both during your lifetime and after you’re gone. Whether you want to plan for the security of minor children, provide for a spouse or partner, preserve wealth for future generations, or simply avoid succession (probate), working with a trust attorney offers control, privacy, and peace of mind.
A trust ensures that your assets are used as you intend, for the benefit of the people and causes that matter most to you. A well-drafted trust gives your loved ones clarity about your wishes and how to carry them out, and it helps them avoid conflict and confusion so that they can prioritize your care or grieve your loss in peace.
There are many different types of trusts and each can achieve different goals: asset protection, tax planning, supporting a charity, providing for loved ones with special needs, and more. If you’re ready to explore how a trust can strengthen your estate plan, contact Aspen Estate Planning to speak with a Louisiana trust attorney.
While not everyone needs a trust, many people can benefit from having a trust included in their estate plan. Trusts are not only for the wealthy, but if you have significant or complex assets, such as property in multiple states, a trust offers greater flexibility and the ability to customize your planning to your specific needs. A trust is not a matter of public record, so it also keeps your estate matters private.
Because assets in a trust bypass the succession (probate) process, the person you have named as successor trustee can seamlessly step into your shoes to administer the trust after your death. In addition, they can take over management of the trust during your life if you become unable to manage your own affairs, ensuring that assets are managed properly. Testamentary trusts also allow for you to provide for your “forced heirs,” children under the age of 24 and/or permanently disabled children, making the administration of your estate smoother while still complying with Louisiana law.
Trusts are also valuable in providing for blended or chosen families, whose estate planning needs are often more nuanced. A trust allows you to define what family means to you, including providing for a spouse or partner—whether or not they are legally related to you—and children from prior and current relationships. You can also use a trust to benefit friends or charitable causes that are close to your heart.
Unlike a will, which distributes assets outright to beneficiaries, a trust allows you to control when and how beneficiaries receive income or assets, protecting your loved ones for the future and granting you peace of mind.
Creating a trust can feel intimidating, but it doesn’t have to be if you work with an experienced and compassionate trust attorney. I created Aspen Estate Planning to offer my clients a convenient, collaborative way to plan for their futures. I help you understand your options and make confident, informed choices. My goal is to take the stress out of estate planning and make getting the help you need feel like a conversation, not a complicated transaction.
Whether you are just starting to explore your estate planning options or you already know that a trust is right for your needs, I will help you every step of the way. No pressure, no legal jargon, and no hoops to jump through—just clear advice that meets you where you are and moves you forward.
I know that life is busy and estate planning can get pushed to the bottom of your to-do list. To help you get your planning done, I offer flexible options including virtual meetings or in-person consultations at a location that works for you. That way, you can take care of your loved ones and your future without disrupting your life today.
If you’re ready for the peace of mind that comes from knowing the people you care about are provided for, let’s sit down and talk. Contact Aspen Estate Planning today to learn how a trust that’s designed for you can help you build a lasting legacy on your terms.
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