Plan your estate with help from a trust lawyer

No one wants to imagine what is going to happen after we pass away but even though it is not a nice thing to think about, it is an important thing to plan for. It happens to people all of the time, they don’t think that they are old enough or sick enough yet to call up a trust lawyer and get their affairs in order and then something happens unexpectedly and then it is too late to do anything about it. It is a terrible thing but the families of those people end up paying the price because there is then so much that needs to be done in order to get the persons estate in order along with everything else that they have left behind.

This is why it is so important for everyone to have an idea of what needs to happen if something was ever to happen to them. Being prepared for this kind of thing is not something that people want to do but it is an important thing that people need to be responsible for. Thankfully you are not alone though in this push to get things done and figured out in the right way. There are trust lawyers out there like the ones at the law offices of J.R. Matsen that have years and years of experience with helping people get their last affairs in order.

Trust lawyers like the ones at J.R. Matsen can help their clients with revocable living trusts, pour over wills, powers of attorney and advance healthcare directives. With a number of different options, no matter what point you are at and how much you want to protect yourself and you family and against what, you can figure out something that is going to work for you and your loved ones and be exactly what you need. Your trust lawyer J.R. Matsen can also help you and your family work out dynasty trusts, which pass over the wealth that has been acquired over multiple generations. In dynasty trusts, the recipients are freed from gift taxes, estate taxes, and generation skipping transfer tax. This is one of the more popular options for people who want to make sure that the money and other assists that they have worked so hard to be able to save up for their children and their children’s children will be passed on in the way that they want it to and have to pay as little tax on the whole thing as possible. If there is anything that the law offices of J.R. Matsen are really great at, it is making sure that you get through without having to pay a huge amount in unwanted taxes. Once you have figured out the baseline of what is going to happen with your estate planning, your trust lawyer can also help you and your loved ones set up family limited liability companies, grantor retained annuity trusts, also know as GRATs, and sale to grantor trusts, also known as IDGTs.