• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Steele Law Firm

Providing Families Peace of Mind

  • Home
  • Our Firm
    • About Our Firm
    • Attorney and Staff Profiles
  • Estate Planning
    • Estate and Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses & Farms
    • Financial Planning Assistance
    • Incapacity Planning
    • IRA & Retirement Planning
    • Legacy Planning
    • LGBTQ Estate Planning
    • Pet Planning
    • Probate & Trust Administration
  • Probate
    • Guardianship & Conservatorship of Adults
    • Guardianship of Minors
    • Personal Injury Settlements for Minors
    • Probate Of A Will
    • Probate When There’s No Will
  • Elder Law
    • Are You a Caregiver?
    • Coping With Alzheimer’s
    • Emergency Medicaid & Nursing Home Planning
    • Guardianship and Conservatorship
    • Hospice Care
    • Medicaid Planning
  • Resources
    • DocuBank
    • Elder Law Resources
      • Elder Law & Medicaid Definitions
      • Elder Law Reports
    • Estate Planning Resources
      • Estate Planning Checkup
      • Estate Planning Definitions
      • Estate Planning Reports
      • Incapacity Planning Definitions
      • Is Your Estate Plan Outdated?
      • Top 10 Estate and Legacy Planning Techniques
    • Frequently Asked Questions
      • Estate Planning FAQs
      • Incapacity Planning FAQs
      • Legacy Wealth Planning FAQs
      • Trust Administration & Probate FAQs
    • LGBTQ Resources
    • Newsletters
    • Special Needs Resources
    • Trust Administration & Probate Resources
      • Bereavement Resources
      • How to Know if You Need Extra Help With Your Grieving
      • Loss of a Loved One
      • Things You Need To Do When a Loved One Passes Away With a Trust
      • Things You Need To Do When a Loved One Passes Away With a Will
  • Review
    • Review Us
    • Our Reviews
  • Blog
  • Contact Us
  • CALL NOW 770.693.2426

Marietta Trust Lawyers: Four Reasons to Consider Setting Up a Trust

There are many reasons to establish a trust, chief among them is to ensure your loved ones are provided for and your wishes are honored if something happens to you.  Establishing a trust also allows a greater level of control regarding the way your estate is handled after your death.  Below, our Marietta trust lawyers will discuss four specific reasons why you should consider placing your assets in a trust. 

Reason 1: A Trust Makes Administering Your Estate Easier

Establishing a trust makes the estate administration process less stressful for everyone involved.  When you establish a trust, you can outline exactly how you would like your assets to be handled upon your death.  This gives you a great deal of control over how your property will be distributed to your loved ones.  Placing assets in a trust and dictating how they should be managed can make the estate administration process simpler for your grieving loved ones. 

Reason 2: A Trust Ensures Your Loved Ones Are Provided for and Protected

Another one of the most important functions of a trust is safeguarding your children financially.  When you create the trust, you can dictate how your finances and assets should be distributed in order to pay for your children’s healthcare, education, and other expenses until they become adults.  This ensures that your assets go toward providing for your children’s futures. 

You can also use a trust to provide for any other dependents, such as stepchildren or nieces and nephews.  Through the trust, you can control how your assets and finances should be distributed among these parties. 

Lastly, if you are partnered but not married, you can establish a trust to ensure your partner is provided for and protected upon your death.

Reason 3: A Trust Helps Prevent Disputes Arising Between Family Members

Establishing a trust can prevent disputes from arising among your surviving family members.  By clearly outlining your wishes and how your assets should be distributed, you can ensure your family members don’t end up fighting over them in court.  Disputes can easily arise if you don’t leave clear directives for your loved ones.

Reason 4: Trusts Avoid the Probate Process

By establishing a living trust and transferring your assets into it while you are still alive, you can help your family avoid a costly and time-consuming probate process after your passing.  The individual you select to manage your trust will have the authority to distribute assets according to your wishes without getting a court involved. 

These are just four of the most important reasons to consider establishing a trust.  Others include supporting charities, reducing the tax burden on your estate, and protecting heirs from themselves.  If you have questions about establishing a trust or would like to get the process started, contact our Marietta trust lawyers at (770) 693-2426 to schedule an appointment.

  • Author
  • Recent Posts
Paralitici
Latest posts by Paralitici (see all)
  • Planning Ahead To Control Your Healthcare - June 1, 2022
  • Guardianship & Conservatorship - April 29, 2022
  • Securing Your Life Now! - April 1, 2022

Primary Sidebar

BLOG SUBSCRIBE

DOWNLOAD OUR FREE ESTATE PLANNING & RETIREMENT CHECKLIST

There’s a lot that goes into setting up a comprehensive estate plan, but with our FREE worksheet, you’ll be one step closer to getting yourself and your family on the path to a secure and happy future.

Address

Steele Law Firm
Steele Law Firm
376 Powder Springs Street Suite 130,
Marietta, GA 30064
Phone: 770.693.2426

Office Hours

Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM

Map

Map

Footer

OUR ADDRESS

Steele Law Firm
376 Powder Springs Street Suite 130,
Marietta, GA 30064
Phone: 770.693.2426

OFFICE HOURS

Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
FridayClosed

LOCATION/MAP

Map

  • Facebook
  • LinkedIn

Logo
© 2022 American Academy of Estate Planning Attorneys, Inc. | Disclaimer | Privacy Policy