Secure Your Legacy with a Custom Trust

Trusts are versatile tools in estate planning, offering solutions for asset protection, tax minimization, and seamless transfers to heirs. At SilverStone, we specialize in designing trusts tailored to your family’s unique needs and goals.

What are the most common types of trusts? And what do they do?

Revocable Trusts: Manage assets during your lifetime and allow modifications as circumstances change.
Irrevocable Trusts: Protect wealth from creditors and reduce estate taxes, commonly used for advanced planning.
Special Needs Trusts: Provide for loved ones with disabilities without jeopardizing government benefits.

Common Examples:

Scenario 1: A family sets up a revocable living trust to avoid probate and ensure their vacation home is passed to their children without delay.
Scenario 2: A business owner creates an irrevocable trust to protect their company’s shares from potential creditors.
Scenario 3: A parent establishes a special needs trust for their child, ensuring lifetime care and financial security.

Additional Benefits:

Protect minors or dependents by setting terms on how and when they receive assets.
Maintain privacy, as trusts do not go through public probate court.