Your Estate represents years of hard work and dedication. Protecting your wealth and ensuring its safe transfer to your heirs requires a solid legal strategy. At Paquette Attorneys, we specialize in setting up asset protection trusts to safeguard your financial future.
The Role of Trusts in Estate Planning
A trust is an effective way to manage and protect your assets. Properly structured, it can shield wealth from creditors, control asset distribution, and minimize tax exposure. If you are concerned about how your heirs will manage their inheritance, a trust provides a structured way to secure your legacy.
Our Comprehensive Legal Services Include
- Establishing family, personal, and spousal trusts
- Family trust – A discretionary trust set up to benefit family members, often for asset protection, tax, and estate planning. The trustee has discretion over asset distribution among beneficiaries.
- Personal trust – Also known as an asset protection trust, this is a broader category referring to any trust created for an individual’s benefit, often for wealth management, asset protection, or succession planning. It can be revocable or irrevocable.
- Spousal trust – A trust established to provide income and support to a surviving spouse, usually deferring taxes until that person’s death. It ensures financial security while preserving assets for future beneficiaries, such as children.
- Managing estate liquidation and patrimony protection
- Resolving estate-related conflicts
- Providing tax-efficient wealth management solutions (i.e., pipeline, etc.)
We work closely with your financial advisors to create an integrated plan tailored to your specific needs. Whether you need to restructure an existing trust or establish a new one, we provide comprehensive support to ensure your Estate remains secure.
With the right legal strategy, you can maintain control over your assets and protect your family’s financial future.
