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Richmond Personal
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We Provide 5-Star Legal Trust Services

We offer in-home services all across Virginia. Hear more of what your Richmond, VA neighbors say about Asurest Estate Planning!

Asset Protection with Trusts

Trusts can be a great way to protect your assets. In simple terms, they’re legal arrangements that allow you to transfer ownership of certain assets to another party while still retaining control over them.

This means you can keep hold of your property and have someone else manage it for you—without having to worry about any potential liabilities or conflicts of interest. Plus, trusts also provide tax benefits, allowing you to save money on estate taxes and other expenses.

When setting up a trust, you’ll need to decide who’s in charge of managing the assets. Typically this involves selecting one or more trustees—individuals or organizations that are responsible for carrying out your wishes as outlined in the agreement. It’s important to choose someone trustworthy and reliable, so make sure you take time to research different candidates before making a final decision.

The trust document itself is essential to ensure proper asset protection. It should include detailed instructions regarding how the assets should be managed, including information such as who has access to funds, what investments may be made, and when distributions should occur. There are numerous types of trusts available, so you’ll want to consider which option best fits your needs.

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Matthew Reinaker Estate Planning Attorney

Disclaimer: Responses to inquiries, whether by email, telephone, or other means, do not constitute legal advice, nor do they create or imply the existence of an attorney-client relationship.

Benefits of a Trust

  • Avoid Probate Costs

  • Maintain Control Over Asset Distribution

  • Provide for Care of Pets & Family

  • Establish Legacy for Future Generations

  • Continue Your Charitable Giving

  • Protect Assets from Creditors

  • Minimize Potential Estate Tax Burdens

  • Maintain Privacy of Your Estate

Your Richmond Trust Partner

Our team is ready to help you with all of your trust-related needs. We provide personalized service, tailored to meet each client’s unique situation. Our experienced staff will work with you to create a plan that works for you and ensures that your estate is handled according to your wishes.

Plus, we stay up-to-date on the latest changes in estate planning laws, so you know your legal rights and obligations are always protected. So don’t wait, get in touch with us today and let us show you how Asurest can be your trusted partner in estate planning.

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Common Questions About Setting Up Trusts in Richmond, VA

What is a trust?

A trust is a legal arrangement that allows a third party to manage assets for the benefit of another person or entity.

What kinds of trusts do you offer?

We offer a variety of trust options, such as revocable and irrevocable trusts, special needs trusts, and more.

How do trusts work?

Trusts are created by a grantor who transfers their assets to a trustee, who is responsible for managing the trust for the benefit of a beneficiary.

Still Have Questions?
Why Wait? Secure Your Future Today

Don’t leave your legacy to chance. Take the proactive step of working with a dedicated Richmond, VA lawyer to help create your legal trust. Our team is ready to guide you through the process, providing the expertise and support you need.