Trusts

A trust attorney, often referred to as an estate planning attorney, focuses on assisting individuals and families in the establishment and administration of trusts for estate planning. Their role is to ensure that assets are allocated in accordance with the grantor’s intentions while also reducing possible legal and tax complications.

A trust is a legal structure in which an individual (the grantor) assigns assets to a trustee, who is responsible for managing those assets for the benefit of specified beneficiaries, following the grantor’s directives.

It is advisable to establish a will or trust as part of your estate planning to guarantee that your assets are allocated in accordance with your preferences, possibly bypass probate, and support your family’s requirements in the event of your incapacity or passing. The Law Offices of Chimezie Agwu are available to assist you. Contact us today for a complimentary consultation!