The power of a trust

There are a lot of ways to plan for the future. You save and invest for your retirement. You buy life insurance to protect and provide for your family. You put money away to pay for your children’s education.

And you create a will to pass your assets on to the ones you love. But if you want to protect and control your assets after your lifetime, you may want to consider a trust. Most people leave some, or all of their assets to their spouse. But what happens if your spouse remarries? How do you guarantee that your life’s assets will go to your heirs, and not to the heirs of the new spouse?

You create a trust. If you want spread your children’s inheritance over a period of years so they’re not tempted to spend it all at once, You can do it with a trust. How do you dedicate a portion of your estate to pay for your grandchildren’s education?

Or even the education of your great-grandchildren. You can do it with a trust. When you place your assets in a trust, you establish the rules about how those assets will be managed. You determine who gets what and when…even how they get it, and why.

Plus certain trusts may provide your estate with attractive tax benefits. You also appoint a trustee, a person responsible for ensuring your rules are followed and that your wishes are carried out. Talk with us to see how trusts can help create and direct a lasting legacy…for the ones you love the most.