Phoenix Trust Administration Lawyer
Arrowhead Trust Attorney
A trust is a vehicle that families can use to their advantage and preserve their assets. Establishing a trust can save aggravation, time and expensive probate administration. At Platt & Westby, P.C., our firm is committed to helping clients explore all of their options for protecting their assets and ensuring their proper administration during their lives and after their deaths.
Our firm is staffed with knowledgeable attorneys who can take the time to establish a trust that suits your best interests while you are alive. We can also structure the trust to be administered after your death in a way that minimizes the complications left to your surviving loved ones. Contact us today to learn more about how we can assist you with trust administration.
Benefits of Trusts and Trust Administration
There are many benefits to having a trust as part of your comprehensive estate plan. Not only can you effectively protect your family and assets, but:
- Having a trust can save you thousands of dollars in attorney's fees in the future by avoiding probate and clearly specifying how and when the trust is to be distributed.
A trustee is the one who handles requests of the trust and completes any administration that occurs before or after the death of the individual who established the trust.
- If no trust was in place, the estate would be handled in probate court. This would require the attention of an attorney, potentially taking a long period of time before the matter is settled.
- Trust administration is private so there is no public record in court. This is important to some clients who wish to maintain absolute privacy regarding their assets and estate.
- Large estates can be saved estate taxes by protecting assets and funding trusts according to gifting laws and other estate tax laws.
Contact a Phoenix Trust Administration Attorney
To further discuss your questions or concerns about trust administration, successor trustees in a trust, trust disputes or other trust matters, contact our firm online or call us today at 602-277-4441. We can meet with you at our Arizona and explain your options for handling your case. Telephone conferences are available for our out of state Clients.