Kentucky Lawyers Who Can Help You Create A Well-Planned Trust
Trusts are crucial parts of estate plans that allow people to manage and pass on their assets without requiring probate proceedings, which involve significant time and monetary investment. At Lockaby PLLC, we help our clients create trusts that protect their futures and assets. Our estate planning attorneys help clients across Kentucky from our Lexington office.
Trusts are only one part of the comprehensive estate planning services we offer. We take a holistic approach that allows us to understand your family, values, principles and assets. This in-depth work and strong professional relationships with clients will enable us to create a truly personalized estate plan for your needs. You can schedule your Life & Legacy interview now by calling us at 859-687-8900.
A Trust Is A Powerful Tool For Estate Plans
A trust is a fiduciary relationship that allows one party, called the trustee, to manage property and assets on behalf of another party, called the beneficiary. The trustee has a fiduciary duty to manage the trust to benefit the beneficiaries. By keeping assets in a trust, the assets may be passed on to the intended parties without entering the time-consuming and expensive probate process.
Because trusts are more complex than other estate planning instruments, such as wills, they must be set up correctly. Our lawyers will use their experience to create a trust that will carry out your wishes and safeguard your assets. We can also help you understand the type of trust that will help you best secure your future, such as a revocable living trust.
Get Answers And Guidance In A Life & Legacy Interview
In your first meeting with our attorneys, we will dig deep and ask you important questions about your family, future and wishes. Please call us now at 859-687-8900 or send us a message to schedule your Life & Legacy interview with our talented staff.