Washtenaw County Irrevocable Trusts Attorneys
An irrevocable trust is a trust that, once established, cannot be changed or revoked by the grantor, the trustees or the beneficiaries. Irrevocable trusts can be used for the purpose of tax avoidance, and also provide a critical means of asset protection, including protection from creditors' claims.
Irrevocable trusts can be an invaluable tool for Medicaid planning or veteran's benefits planning. Since each of these government benefits is affected by an individual's assets, the use of an irrevocable trust can be helpful for obtaining and maintaining eligibility.
Assets held in an irrevocable trust are distributed by a trustee in accordance with the trust terms, and are not considered an individual's property for the purpose of determining eligibility for Medicaid, Supplemental Security Income (SSI) or veteran's benefits.
At Legacy Law Center, we help people plan for the future, realize their goals and protect their families. Call (734) 995-2383 for more information on irrevocable trusts and other sophisticated estate planning measures.
Experienced Estate Planning Attorneys
We focus exclusively on the related fields of estate planning, probate and estate administration, elder law, Medicaid planning and Veteran's Administration planning to provide our clients with the knowledgeable advice and effective representation they require.
Our attorneys have more than 25 years of experience helping clients with their estate planning needs. We have helped hundreds of clients with estate, probate, elder law and other vital matters. We are ready to assist with simple or complex estate planning measures designed to protect you and your family.
Contact Our Ann Arbor Irrevocable Trusts Lawyers
To speak with one of our Michigan estate planning lawyers, call (734) 995-2383 or contact us by e-mail. We look forward to working with you and providing the assistance you require.
