The creation, utilization, and management of trust instruments is an integral part of developing the proper estate and wealth protection strategy. Whether through the creation of simple life insurance trusts to accompany an individual’s will or a complex series of trusts and corporate entities to protect individual and corporate assets, Stone & Baxter considers all available options when determining the best strategy for each client.

In turn, the best strategy for each client will depend on each client’s needs, assets, family dynamics, and business strategies. Stone & Baxter has significant experience identifying those needs, assets, dynamics, and strategies.

In particular, trusts can be useful in providing flexibility in the management and distribution of one’s assets over time. Although there are many different types of trusts, the premise is rather simple: one party places assets into trust for the benefit of another.

Stone & Baxter will often utilize inter vivos and testamentary trusts to implement a particular strategy or to achieve an objective in planning an individual’s estate. We also employ trusts in our wealth planning practice to preserve assets for future generations while, if possible and permitted by law, protecting those assets from current creditors.

If you have assets that need to be protected or other circumstances that might justify a trust, then please contact one of our trust attorneys by clicking here.