Revocable Trusts allow you the flexibility to change your mind about how you want to distribute your money. They avoid your need for a probate proceeding that generally discloses all your assets to the public. Known as living trusts, you still own the assets once transferred, but they protect you and your beneficiaries in case of incapacitation or death.
Do you want to make sure that your kids and grandkids don’t spend all the money you leave them in your will at once?
Do you want to ensure that Uncle Sam takes the smallest amount of taxes from your hard earned dollars?
Do you want to protect yourself (and your money) in the event that you become incapacitated but are still alive?
Do you want to set up protections for your kids and grandkids to ensure that the money you leave them will be spent only on wise investments, education or whatever you think is best, until they are old enough to make smart decisions for themselves?
Trusts Build Wealth
In legal speak, a Trust is the tool used by lawyers to help people ensure their client’s money goes where it is supposed to and is spent according to certain guidelines.
It is part of a bigger, well-laid out plan called Estate Planning [Insert hyperlink to Easy Estate Plans Page] which safeguards your assets before and after you die – and ensures your money goes into the hands of the people you want without a fight.
There are two main types of Trusts in Louisiana:
You might ask why all of this matters?
Well, it is important for most people that their assets (house, land, car, money) go to the right people.
It is also important for many people to ensure that it is spent wisely – especially when you have young kids or kids with special needs.
You can’t always trust that the money you leave the people you love will not cause problems for them, or, will get in their hands directly.
Trusts Create Lasting Safety
A trust is a way of protecting them from themselves.
It is also frequently used to help you in the event something happens to you medically and you are unable to take care of your affairs.
You won’t have to worry about other people interfering with your hard earned dollars – especially those people who you do not trust will be looking out for your best interests.
How would they get your assets you may ask? Well, if you don’t set things up ahead of time, with a well thought out Estate Plan and an iron-clad Trust, you will find that the law favors certain relations (even if they are not the best people to trust your money with).
By setting up a Trust ahead of time, you can avoid these pitfalls and safeguard your kids, grandkids and even your own future.
We have set up hundreds of trusts of all varying types and sizes. There is no one size fits all as we are all unique people with unique challenges and family arrangements.
We have created a three-step plan for what we call Trustworthy Trusts. Trustworthy because they are so iron-clad and well thought out that they are worthy of all our clients’ trust (which we don’t take lightly).
We ensure that our Trustworthy Trusts withstand the test of time so that you and your loved ones can rest knowing that your assets are secured from the government, debt collectors and undeserving family members.
Here is the plan by the numbers:
1. SCHEDULE A CALL
First, click the button below to set up an initial phone consultation with Carlee. Carlee knows how busy your life can be, so you’ll first speak with her on the phone and she will tell you your next, best steps.
2. MAKE A PLAN
Next, Carlee will hear your needs and answer all your questions. If you move forward together, you will discuss your current and future financial goals and the best ways to achieve them to maximize savings and minimize taxes and 3rd party interference.
3. SECURE YOUR ASSETS
Finally, Carlee will draft and file all of the iron-clad legal docs you need to make your Trustworthy Trust legally binding. There’s a lot of T’s to cross and I’s to dot in order to get it right and ensure it withstands the test of time. Carlee will carefully secure your assets so you can rest in peace knowing your hard earned dollars are safe and sound.
We understand that a lot of this stuff sounds confusing. And, the reality is, that it is.
But, that is why you should hire someone who knows how to make this process easy to follow, easy to understand and rock-solid, so that your assets are protected for you and your loved ones, forever.
Let’s make it happen
By choosing to set up a Trust or Estate Plan you are being proactive for your future; you are preparing for the storm that you know will come (and we know in Southeast Louisiana it always comes!); you are making a smart financial decision and investing in your future.
Most people do not do this nor even take the time to read this. You are already steps ahead of most people you likely know.
Could you imagine buying your home and not having insurance in case of a flood? As we now know, so many people lost so much when the storm did hit.
It is important that you don’t let that happen again in this other area of your life.
Establishing a Trust is one of the simplest and easiest things you can do to shield your assets.
Some of you may think you do not have enough to shield or that it will cost too much.
That’s a fair doubt because many everyday folks in Southeast Louisiana are living paycheck to paycheck.
While there may be some of you who don’t need our help, calling us to find out now is the safest thing you can do.
That way you can sleep at night knowing you did all you could to protect yourself (and your loved ones) from creditors, debt collectors or high government taxes.