When someone dies, his or her estate can be taxed or go through probate. You can protect your assets by setting up a trust for your loved ones. There's a lot of paperwork involved in establishing trusts, so it's best to rely on an experienced trust attorney in Bismarck, AR, serving Hot Springs, AR.
The Roper Law Firm, PA can help you protect what you value most. You'll appreciate working with our firm because...
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You can protect your assets using a wide range of trusts. Researching the different types can feel overwhelming. Just start by learning more about...
Revocable trusts: As the grantor, you can make changes at any time to the trust instructions. You can also remove assets from the trust.
Irrevocable trusts: Placing assets into this type of trust means you're giving up ownership of those assets.
Special needs trusts: SSI or Medicaid recipients can lose their benefits if they own certain types of assets. You can leave those assets in a special needs trust so your loved one can keep receiving disability benefits.
Got questions? Turn to the Roper Law Firm, PA for answers. Get in touch with our trust attorney in Bismarck, AR today.