Palm Beach ● Jupiter Florida Trusts Attorney
Trusts can serve a number of different purposes when planning an estate. A trust can exempt certain kinds of assets from taxation and Medicaid eligibility calculations while allocating funds for health care needs, the education of children or grandchildren, or the support of charities and public causes. At the law office of Craig F. Snyder, P.A., we work closely with clients in creating trusts tailored-made to meet their unique estate planning needs. When necessary, our lawyer consults tax experts, CPAs and financial planners in determining how best to structure a trust to stand the test of time. In this regard, Mr. Snyder discusses the pros and cons of using either a corporate or family trustee, explaining the fiduciary duties of both. As your attorney, Craig F. Snyder develops checks and balances that mitigate the possibility of financial mismanagement while creating greater transparency for monitoring the administration of a trust. In planning for health care needs, we explain the Medicaid 5 year look-back penalty in order to help our clients avoid having to spend down their assets and sell their home.
Trusts are powerful estate planning tools that can help you secure your loved ones' financial security. To schedule an appointment and discuss how we can help you, contact trusts attorney Craig F. Snyder today.
Need Additional Information? Contact Craig F. Snyder Today
There are tax issues and legal concerns that must be addressed when establishing a trust. As your attorney, Mr. Snyder discusses these with you, making sure you have the information you need to determine what is in your best interest. If you would like more information regarding trusts and how we can help you, contact estate planning lawyer Craig F. Snyder today.