Lake Worth, FL Trust Attorney

At Elder Law, P.A., we have spent over a decade creating trusts that meet the ideals of our clients. Reach out to schedule a free initial consultation and learn how we can help guide your decisions to what will be best for you and your loved ones. 

What Types Of Trusts Are Available?

A trust is a legal tool that allows you to designate assets to a beneficiary. A trust is created when you transfer ownership of your property to the trust itself, which will then transfer ownership to a beneficiary based on a certain timeframe or once a particular condition is met. Trusts are a great way to show loved ones you care, as well as protect your assets since the trust will shield them from creditors and allow them to bypass probate.

There are many different types of trusts, and our Lake Worth trust attorney can help you choose from trusts that include but are not limited to:

• Revocable trusts: Revocable trusts allow you to name beneficiaries for your designated assets. Once you establish this trust, you can alter anything about it or cancel it altogether.
• Irrevocable trusts: These types of trusts function largely in the same way as revocable trusts with the key difference being that you cannot alter this trust once it is established. 
• Spendthrift trusts: Do you have an heir who is bad with money? A spendthrift trust will only pay out intermittently so that your loved one can’t spend their inheritance all at once.
• Special needs trusts: If you have someone in your life who needs access to specialized medical care, you can leave them an inheritance without jeopardizing any state-sponsored healthcare they might depend on. 
• Charitable lead trusts: If you have a charity you wish to support, you can do so using this trust!

And more! There are many types of trusts out there, and these are only a few of the more popular with which our Lake Worth trust attorney can help. 

How Can A Lake Worth Trust Attorney Help Me?

There are a few reasons you might be looking to contact a trust attorney. If you are looking to establish a trust, we would be proud to help you create one that’s in line with the overall goals for your estate plan.

On the other hand, if you have a loved one who has passed, you might be tasked with the administration of their trust and need legal help. In that case, we can help you assume legal responsibility and avoid any pitfalls. 

Elder Law Can Create The Trust You Need

Ryan Jay Smollar, our lead Lake Worth trust attorney at Elder Law, P.A. has over a decade of experience establishing trusts that have brought clients peace of mind and allowed them control over their assets. Whatever your estate planning goals, we want to help you meet them with the perfect trust. Reach out to schedule a free initial consultation and learn how we can secure a future for your loved ones and allow you to pass on your legacy.