Naples Trust Lawyer
The Purpose of a Legal Trust
A trust is a legal document that is often created by an individual to assist in the distribution of real estate or other assets in the event of their death. Trusts are an excellent way to administer financial planning and support or other assets to another person, and the documentation can be very specific about precisely how assets will be distributed. There are a variety of different types of trusts that may be created depending on different circumstances, and it is a good idea to enlist the services of a skilled Naples estate planning attorney who is well-versed in these matters.
A testamentary trust is a type of trust that is designed to dictate the distribution of assets in the event of an individual's death. An inter vivos trust differs most notably from a testamentary trust in that it allows the distribution of assets while the trustee is still alive. Further, trusts can be modified to be revocable, meaning a trustee may dissolve the trust at a later time, or an irrevocable trust which cannot be dissolved. All types of trusts have different benefits, but all are designed to help make the probate process smoother, to plan for your family in the event of your death, and more.
Setting up a Trust in Naples
Those who are interested in setting up a trust should first discuss the matter with a qualified professional who can provide intelligent, insightful advice and a recommendation for your best options. Wollman, Gehrke & Solomon, P.A. has a long-standing record of success in helping to create secure, detailed and efficient trusts that work to make matters easier for loved ones in a variety of scenarios. Their skilled team of legal professionals have a great deal of experience with trusts, and can work closely with residents throughout Naples and in surrounding areas to provide sophisticated, dependable solutions while maintaining a close connection to their clients.
Contact a Naples trust lawyer if you want to set up a trust and need dependable, knowledgeable legal support through the process.