A Trust Agreement is a written set of instructions provided to the Trustee as to how to handle the assets held by the Trust. A Trust may be “inter-vivos” established “during lifetime” or “testamentary” established by “The Last Will and Testament”. Trusts are an excellent tool to use in the estate planning process.

Trusts are particularly helpful if the beneficiaries of a Will are minors. The trust can be established to distribute a set percentage each year, or an amount that can change each year as the beneficiaries mature. A trust can distribute in larger sums at a set age — 20% at age 25, 30% at age 30, for example — or it can be earmarked for specific uses, such as tuition payments or real estate investments. Our attorneys can help you tailor your Will and trust documents to your exact desires, and can make the documents official.