Charlotte Trusts Lawyer
Helping Clients Plan for the Future in North Carolina
Creating a trust can be one of the most effective ways to manage your assets, protect your estate, and ensure that your wishes are carried out for future generations. A well-structured trust provides clarity, peace of mind, and security for both you and your loved ones. At Hicks-Guinn Law, PLLC, our trust attorney in Charlotte is dedicated to helping individuals and families create and manage trusts that meet their specific goals.
Call Hicks-Guinn Law, PLLC, today at (888) 373-9699 or contact us online to schedule a consultation with trust attorney in Charlotte.
What is a Trust?
A trust is considered a legal arrangement where one party, also known as the trustee, holds and handles assets on behalf of another party, the beneficiary. The person who creates the trust is called the grantor or settlor. Trusts can be structured in different ways to meet a range of estate planning needs, from ensuring smooth asset transfers to providing for special needs family members or managing charitable donations.
Trusts generally fall into two main categories: revocable and irrevocable. A revocable trust, also known as a living trust, allows the grantor to adjust or terminate the trust during their lifetime. This type of trust is commonly used to avoid probate and maintain control over assets while the grantor is alive. An irrevocable trust, on the other hand, cannot be easily altered once it is created.
What Sets Us Apart From The Rest?
Hicks-Guinn Law, PLLC is here to help you get the results you need with a team you can trust.
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Experienced FirmBenefit from the wealth of experience our team brings to your side. In addition to successfully handling numerous cases, Robyn Hicks-Guinn also shares her expertise by instructing and mentoring other legal professionals.
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Personalized SolutionsWhen you choose our firm, you will receive personalized legal representation. We will take the time to get to know you and work closely with you to develop a strategy tailored to your needs.
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Flexible ConsultationsWe are flexible and committed to meeting you wherever is most convenient. Whether it's at your home, in a hospital, or through a virtual consultation, we ensure accessibility across the entire state.
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Every Case Prepared for Court
Every case is meticulously prepared for court, ensuring that our clients receive the best representation and our commitment to achieving optimal outcomes for those we serve.
What are the Benefits of a Trust?
Some of the key benefits include:
- Avoiding Probate: One of the most substantial benefits of a trust is that it permits assets to bypass probate. This means that your estate can be transferred to your beneficiaries more quickly, privately, and without the added costs and delays associated with probate court.
- Privacy: Unlike a will, which becomes a public record during probate, the contents of a trust remain private. This can be particularly beneficial for those who wish to keep their financial affairs confidential.
- Flexibility: Trusts offer a high degree of flexibility regarding how and when assets are distributed to beneficiaries. You can set specific conditions, such as age or life events, for when beneficiaries will receive their inheritance.
- Asset Protection: Certain types of trusts, like irrevocable trusts, can protect your assets from creditors, lawsuits, and even long-term care costs, preserving your wealth for your loved ones.
- Tax Planning: Trusts can be an effective tool for minimizing estate taxes, especially for high-net-worth individuals. By transferring assets into certain types of trusts, you may be able to reduce your taxable estate and pass on more wealth to your heirs.
- Protecting Vulnerable Beneficiaries: Trusts can be tailored to provide for beneficiaries who are minors, have special needs, or may not be able to handle their inheritance responsibly. A trust permits you to appoint a trustee who will oversee the management and distribution of the assets to ensure the beneficiary's best interests are met.
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I had a sensitive matter that needed to be handled quickly and efficiently and they took care of my needs. I would recommend their services anytime!- Tedra B.
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From the first meeting Robyn was very knowledgeable, professional and empathetic which I highly value. Robyn and team genuinely cared about making sure I got the information that I needed to make the best decision.- Amara R.
How Our Trust Attorney Can Help You
Whether you are just starting to think about creating a trust or need assistance managing an existing trust, our team has the experience and knowledge to help. Every individual and family has unique needs, and it's important to structure your trust in a way that aligns with your specific objectives.
We will work closely with you to understand your goals, explain the different types of trusts available, and help you select the one that best fits your situation. We will handle the drafting of all necessary legal documents, ensuring that they are clear, legally sound, and in compliance with North Carolina law.
In addition to helping you develop a trust, we can assist with ongoing trust administration, ensuring that the terms of your trust are carried out effectively. This includes managing assets, distributing funds to beneficiaries, and ensuring that all legal responsibilities are satisfied. If disputes arise, our attorney is prepared to provide legal representation to protect your interests.
Contact Our Trust Attorney in Charlotte Today
Securing your legacy and protecting your assets is one of your most important decisions. A properly structured trust can provide your loved ones peace of mind and long-term financial security. Our trust attorney in Charlotte is here to guide you through every step of the process, from initial consultation to ongoing trust administration. We are dedicated to providing personalized, attentive service and helping you make informed decisions about your estate planning needs. Let us help you create a comprehensive plan that ensures your wishes are fulfilled, and your loved ones are taken care of for years to come.
Contact Hicks-Guinn Law, PLLC, today to get started with our Charlotte trust lawyer.