A Burlington trust lawyer helps you to decide if a trust is right for you and provides you with assistance in trust creation. Trusts are powerful legal tools that can provide many substantial benefits, but there are also limitations on what different kinds of trusts can do. You need to make smart and informed choices about whether trusts will provide you with desired protections or whether there are other estate planning tools that may be more helpful for your particular situation. Assisting with this process is one of many things a trust lawyer will do to help you.
Unsworth LaPlante, PLLC provides extensive experience with all aspects of trust creation and trust administration. Whether you are hoping for help with the creation of a trust, you want assistance in fulfilling your role as trustee, or you want help protecting your rights as a beneficiary, our legal team can provide you with the help that you need. Give us a call at (802) 879-7133 to speak with an experienced Burlington trust lawyer to find out more about the ways in which we can assist you.
When you have reached out to a trust lawyer and scheduled a meeting, your lawyer will let you know what, if anything, you should bring to the meeting and be prepared to discuss. However, it is also helpful to know in advance how to prepare to meet with a trust lawyer so you can make the most effective use of your time.
Preparing to Meet with a Burlington Trust Lawyer
Before you meet with a Burlington trust lawyer, you may wish to:
- Write down your goals. You want to let your lawyer know what you hope to accomplish through trust creation. For example, is your goal to make sure your heirs don’t squander your money or are you more focused on using a trust as a part of your incapacity plan so someone can manage your assets when you are not able to do so on your own?
- List assets you wish to protect. Not every kind of asset can be put into a trust and there may be tax implications of moving assets into a trust. If you make a list of assets you hope to protect, your attorney can let you know whether a trust will work to keep those assets safe.
- Make a list of questions. You want to make sure your lawyer answers all of your queries about trust creation.
These are just a few of the things you may want to do before meeting with a Burlington trust lawyer. The job of your attorney is to make your life easier and help you to accomplish your goals, so ask your lawyer about what you can do to make the process of trust creation simple.
Why Meet with a Burlington Trust Lawyer?
Meeting with a Burlington trust lawyer is important because trusts can be very beneficial as part of an incapacity plan, estate plan, or legacy plan. However, different types of trusts have to be used for different things. For example, while a living trust can be an important part of an incapacity plan, a living trust is not going to help you with Medicaid planning. An experienced attorney will assist you in making certain that you select the right kind of trust that provides expected benefits.
You also cannot afford any mistakes in trust creation, as those mistakes are often discovered only when it is too late to correct problems. By the time it is discovered that your trust isn’t legally valid or doesn’t provide expected protections, you may already be relying on the trust for asset protection and you may lose a substantial amount of money when the trust doesn’t work for you. If you get help from a Burlington trust lawyer, you can make sure this undesirable outcome does not happen.
Getting Help from A Burlington Trust Lawyer
Unsworth LaPlante, PLLC is trusted by clients in Burlington and surrounding areas who want an experienced attorney to help them with the trust creation process. We will work with you to discuss your goals and make informed choices on whether a trust will help you achieve those goals. We can also guide you through the process of trust creation and can help to facilitate timely and appropriate trust administration after a trust creator has passed away.
To learn more about trusts and how they can be used as part of your comprehensive estate planning process, download our free estate planning worksheet. You can also give us a call at (802) 879-7133 or contact us online to speak with a member of our legal team and find out more about the ways in which we can help with all of your legal issues related to trusts in Vermont.
- Does My 401(k) Account Count for Medicaid Eligibility? - October 20, 2022
- Senior Care Options - October 18, 2022
- Is an Oral Will Valid in Vermont? - October 13, 2022