Trusts

Trusts are often a part of a complete estate plan that includes a will and designations such as a power of attorney and a guardian. Trusts have very specific uses and benefits. If you are looking to establish a trust to protect your assets and property, to pass on that property, or to avoid the probate process, talk to an estate planning attorney about your specific options.

The law firm of Lisha A. Prater represents individuals who are looking to establish trusts. To speak to a Springfield lawyer for trusts and other estate planning tools, please contact the firm online today.

What Is a Trust?

A trust is a legal entity that is capable of holding legal title to property. Many people choose to establish trusts to avoid the process of probate, or estate administration. Other reasons to establish a trust include protecting assets from death taxes and creditors, providing a method for you to receive care during a period of incapacity and allowing beneficiaries easy access to funds.

Attorney Lisha A. Prater can help you determine what trust or trusts can help you meet your goals for the future:

  • Charitable trusts
  • Special needs trusts
  • Life insurance trusts
  • Revocable trusts
  • Irrevocable trusts
  • Homestead trusts
  • Investment trusts

Different trusts have different benefits and uses. Attorney Prater can evaluate your unique personal, family, and professional circumstances to determine what type of trust is right for you. She can help you establish a trust, or change a trust if you currently own a revocable trust.

Contact a Greene County Lawyer for Irrevocable Trusts

To schedule your initial consultation to discuss what type of trust is right for you, call 417-459-4390 or email us. Ms. Prater offers a military discount for those who have served 10 or more years, or are currently serving. Flexible payment options and reasonable rates are available, as are evening and weekend appointments.