Ashland Irrevocable Trusts Lawyer
Providing Trust Services in Ashland, MA
An irrevocable trust is a legal arrangement in which assets are placed under the control of a trustee for the benefit of designated beneficiaries. Once established, the terms of an irrevocable trust generally cannot be altered without the consent of the beneficiaries.
At Cali Law, we understand the importance of protecting your assets and ensuring the well-being of your loved ones. Irrevocable trusts can offer a variety of benefits to achieve these goals, including:
- Asset protection: By placing assets into an irrevocable trust, they are no longer considered part of your personal estate and are protected from creditors and lawsuits.
- Tax savings: Irrevocable trusts can be used to minimize estate taxes, gift taxes, and income taxes.
- Medicaid planning: Irrevocable trusts can be used to help seniors qualify for Medicaid benefits while preserving assets for their loved ones.
- Probate avoidance: Assets held in an irrevocable trust pass directly to beneficiaries outside of probate, which can save time and money.
Our experienced irrevocable trust attorneys can help you determine if an irrevocable trust is the right choice for your unique situation. We will work with you to create a customized trust document that meets your needs and goals, and we will provide guidance on funding and managing the trust.
Contact Our Ashland Irrevocable Trust Attorneys
At Cali Law, we are dedicated to providing personalized and comprehensive trust services to our clients. Contact us today to schedule a consultation and learn more about how we can help you achieve your estate planning goals with an irrevocable trust.
Give us a call at (979) 258-6673 to request a consultation with our Ashland irrevocable trust attorney.