TRUST & ESTATE PLANNING

Our estate plans are rooted in the unique needs of our clients.

Our estate plans are rooted in the unique needs of our clients and their families. We design strategies to preserve, grow, and pass on the fruits of your labor to your heirs. We refer expert attorneys who provide consulting on trust plans that include:

  • Living Trusts
  • Charitable Remainder Trusts (CRUT & CRAT)
  • Family Limited Partnership Trusts
  • Dynasty (GST) Trusts
  • Irrevocable Life Insurance Trusts (ILIT)
  • Qualified Personal Residence Trusts (QPRT)

 

Probate Avoidance & Clear Directives:

Trusts provide specialized directives for your estate and ensure your final wishes will be carried out with privacy and discretion. Unlike wills, properly written trusts avoid probate. Living Trusts can accommodate complex family structures and distribute assets in more definitive ways than a will.

 

Tax Savings:

Many investors use Irrevocable Trusts for estate tax planning purposes. Whether locking assets away in a restricted trust to avoid nursing home spend down, or establishing a trust to hold assets outside an estate for heirs, Irrevocable Trusts can be an essential ingredient in a healthy tax saving plan.

 

Liability Protection:

Numerous provisions can be written into a trust to create liability and divorce protection. As difficult as divorce may be, if plans aren't laid to protect rightful heirs, misfortune can only be amplified when a family's inheritance is siphoned off by an unscrupulous ex-spouse. These provisions can also offer lawsuit protection.

Generation Skip or Dynasty Provisions can be used to create maximum wealth protection for your children and grandchildren and are an excellent way to guarantee your life savings will reach your intended recipients.

 

Income Stream & Charitable Planning:

Charitable Planning can be a perfect supplement to an estate plan and offers significant tax benefits, lifetime income streams, and a legacy that will live on in the work of a treasured charitable organization.

 

IPS Refers Legal Consultants Who Offer Solutions:

Whether you require a simple or extensive trust to complete your estate plan, IPS has forged strong relationships with a variety of legal consultants who can offer affordable, cutting-edge advice.

Our associates, Louis Davis, Attorney, CPA; and Caroline Ortiz, Attorney; embody the excellence and expertise you would expect from an organization that privileges integrity above all else. It is both our pleasure and honor to refer their services to our clients.

To request information about trust planning, please email IPS.

 

Articles Of Interest:

"How Living Trusts Avoid Probate," NOLO Law For All, February 15, 2005