Ames Trust Lawyer
Many people have an idea that a trust is only an allowance for the very wealthy, and so never consider the vital role that one or more trusts play in a robust estate plan. In fact, a trust can help people, even with modest means, start a fund for a child’s education, enhance the life of a loved one with special needs, or keep a family home in the family. Our Ames, IA trust lawyer can explain how to incorporate different types of trusts into your estate plan and draft them on your behalf. Call Law Group of Iowa today to learn more.
Trust Lawyer Ames, IA
Are you trying to save for a child’s education, but are worried that any money you give them won’t go to tuition or books? An educational trust can pay for tuition, fees, and other education-related expenses, and preserve the trust’s assets from being recklessly spent. If you have a child or other relative with a disability or special needs you may want to provide the means to improve their quality of life, but you’re concerned that giving them money outright will cause them to lose their health care coverage and other benefits, like SNAP or housing assistance. A specific type of trust can help you provide for them without jeopardizing their benefits eligibility.
Trusts are much more than just a rich person’s allowance. Trusts are a vital part of your estate plan. For small business owners, a trust can help protect your personal assets from seizure for business debts or in case you lose a lawsuit. Or, perhaps you have a family home you want to keep in the family. You can even place a house or other real estate in a trust, so it transfers to the heir you want it to.
Our Ames trust lawyer can explain what kind of trust or trusts make sense with your estate plan, obligations, and financial goals. We draft the trust and, if you cannot legally administer it, can provide trust administration services. If you need to make changes to the trust, we can recommend appropriate changes to better reflect your interests. We ensure that all your trusts are properly established so they can best serve their purposes and the beneficiaries’ interests.
Our Experience Matters When Establishing A Trust
For a trust to be effective and accomplish the purpose of the grantor, it must be constructed according to Iowa Estates Code requirements. Our Ames trust lawyer has extensive experience creating and administering trusts, and can ensure that yours functions as it should and meets the beneficiary’s needs.
- Rated Best Estate Planning Lawyers in Des Moines
- We’re the home of the Law Museum of Iowa, a large display of victories for justice and legal advocacy
- Firm estate planning attorney Jason Yates is a graduate with honors from Drake University Law School
Do you need help creating a trust or assistance with trust administration? Call Law Group of Iowa today for a consultation.
