Benefits Of Setting Up A Trust: Reducing Estate Taxes

An effective strategy to reduce the immediate impact of high estate taxes following the death of a loved one is to set up a living trust or testamentary trust while the estate holder is still alive.

The Procedure

As one of the conditions of a trust, there must be a trustee, an individual or organization that assumes fiduciary responsibility over the funding, beneficiary rights, investment and disbursement of assets in the account.

It is often most beneficial to appoint a trustee who is independent of family affairs and influences. Many individuals appointed as trustee find that they need legal assistance with the process when the time comes.

If you are a trustee or family member who needs assistance with trust administration or probate matters, I invite you to speak with me, attorney Michael G. Horton, in Clermont, Florida.

Carrying On A Legacy Established In 1975

In 1975, my father began helping individuals in the state of Florida with aspects involving the administration of various trusts. Today, over 40 years later, I carry on this trusted legacy and am proud to help families from many different walks of life with trust related matters.

I invite you to contact me to schedule a free consultation. Call 352-394-4008 or send a confidential email.

Helping To Preserve Assets Through Trusts

I also frequently assist families set up trusts as an estate plan tax reduction strategy. If you need assistance creating a trust, I can review your current estate plan, discuss the various types of trust options available, and how they can benefit you and protect your assets.

Contact My Office Today

Call my office at 352-394-4008 to arrange a free initial consultation. You can also send me an email by filling out my email contact form.

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