Atlanta Trust & Estate Planning Lawyer
Helping Residents of George Secure Their Legacies
When it comes to providing financial security and prosperity for your family, you don’t have to worry about how this can be accomplished after you pass away. The law gives you different tools to ensure the people you care about most get to benefit from the wealth and success you’ve acquired during your lifetime. Although people use wills to distribute their property and assets upon their death, it is best to compliment those provisions with a trust.
If you are eager to establish a comprehensive plan for providing your loved ones with the financial security they deserve, you should work with a professional trusts lawyer in Atlanta. At Warner Bates, we have dedicated over 40 years of our legal practice to helping Atlanta families with various legal issues. Among those issues is assisting people in securing the prosperity of their families for generations to come through the use of trusts.
For more information about how a trust can help you and your family, call Warner Bates at (770) 766-8148 today.
Comprehensive Legal Advice Regarding Trusts
A trust is a legal relationship where someone gives another person property to hold for the benefit of others. The person who is in charge of the trust property is called a “trustee.” A trustee has a fiduciary duty to use and manage trust assets for the benefit of the trust’s beneficiaries. Unlike a will which is only effective upon the death of its author, trusts are legally effective during the lifetime of the person who establishes the trust.
At Warner Bates, we can assess your needs to determine whether one or more of the following trusts can benefit you:
- Revocable living trusts
- Irrevocable living trusts
- Healthcare trusts
- Spendthrift trusts
- Testamentary trusts
Because property held in trust is technically owned by the trustee, certain trusts have the advantage of placing valuable assets outside a person’s estate when they die. As a result, trust assets may not be subject to administration during state probate proceedings.
