Irrevocable Trust Attorney Serving Pittsburgh & the Surrounding Counties
Planning for the future is a simpler task when you visit the Law Offices of Kelton M. Burgess, LLC. As your irrevocable trust attorney in Pittsburgh and Butler County, PA, we provide the resources to establish concrete instruments that secure your assets for the next generation. Irrevocable trusts are a smart way to pass your estate on to others while optimizing your holdings. Our irrevocable trust lawyer discusses your options carefully so you choose the trust that fits your needs.
Defining Irrevocable Trusts
The grantor of a trust has the ability to remove all rights to ownership of assets when transferring to an irrevocable trust. This trust is considered "irrevocable" since the only agents who can modify or terminate this instrument are the beneficiaries. For tax purposes, setting up an irrevocable trust is a smart move. Since you are surrendering all rights to ownership, you are able to alleviate yourself from a tax burden, including liabilities incurred due to an estate tax.
As with other trusts, an irrevocable trust can include a wide range of assets. This also allows beneficiaries and trustees to reduce the effects of probate, which can save the value of the trust's holdings. Common assets people include in a trust include businesses, cash, investment items, and life insurance policies.
Your Compassionate, Irrevocable Trust Lawyer
Setting up an irrevocable trust requires accuracy and careful planning so that your assets do not go to waste. Work with an irrevocable trust lawyer who takes a personalized approach to service. While the terms of an irrevocable trust require you to surrender all rights of ownership to the assets that go into it, you are still able to set the terms for your beneficiaries and trustees to follow before committing to anything. Our experienced lawyer can help plan your estate so your assets go to the right people and causes.
During your free, one-hour consultation, we discuss your specific needs and determine if an irrevocable trust is right for your estate. Afterward, our office gets to work setting up the trust instrument, identifying the transferable assets, and appointing up the beneficiaries and trustees. We can even appoint a trust protector so you can have confidence knowing the interests of the trust are honored after your incapacitation or death.
Accuracy and personalization form the foundation for our law office. Our irrevocable trust attorney understands that planning your estate can be a stressful and emotional time. When you work with us, you can have confidence knowing that we always keep your interests in mind. Secure your legacy and request a consultation.
Contact our irrevocable trust attorney today to request a consultation. We proudly serve clients throughout Pittsburgh, Butler County, Washington, Greensburg, Wexford, and Cranberry Township, PA.
Free 1-Hour Consultations
Pittsburgh (412) 536-5214
Pennsylvania Attorney License # 94551 • Allegheny County Bar Association • Pennsylvania Bar Association • California Attorney License # 256621