By utilizing what is commonly referred to as an A-B Trust or acredit shelter and marital trust, a married couple can take advantage of both spouse's unified credits. The World of Estate Planning Trusts can be employed in a number of ways to plan one's estate, protect assets and even create wealth. A number of techniques are available to limit and restrict assets and their disposition during life and at death which can be of great benefit to asset holders. Provided Services vary based on the client's estate planning needs. All revocable living trusts include pour over wills and powers of attorney for property and health care.
Prices vary depending upon the type of planning devices needed.
In most cases, fees for estate planning documents are fixed and determined in advance of engagement. The first step to the trust drafting process is to think about the nature and value of your estate. Determine what specific property, if any, you wish to give to specific individuals and decide who should take or share in the remainder. Also think about who you would like to serve as trustee of a trust. If you have children, think about what restrictions, if any, you might place on your assets.