A trust is a powerful estate planning tool that offers greater control, security, and financial benefits compared to a standard will. Unlike wills, trusts allow seamless asset transfers, reduced legal complications, and enhanced privacy, ensuring your wealth is protected for future generations.
At Kravets Law Group, we help clients establish revocable and irrevocable trusts that align with their financial goals, minimize estate taxes, and provide structured inheritance planning.
We service Illinois, Pennsylvania and New Jersey. Feel free to call us, email us, or reach out using on the form on the right.
info@kravetslawgroup.com
Illinois: 312-620-1404
New Jersey & Pennsylvania: 215-595-2206
Trusts serve multiple functions in estate planning, including:
✔ Protecting Beneficiaries – Ensures assets are distributed according to your wishes, especially for minors, individuals with special needs, or financially inexperienced heirs.
✔ Avoiding Probate – Assets transfer directly to beneficiaries without court involvement, saving time and legal costs.
✔ Minimizing Taxes – Certain trusts reduce estate taxes and capital gains taxes, preserving more wealth for your heirs.
✔ Safeguarding Assets – Provides protection against creditors, lawsuits, and divorce settlements.
✔ Charitable Giving – Structured to provide ongoing support to charitable organizations while still benefiting your family.
✔ Providing for Incapacity – Allows a trusted individual to manage your assets if you become incapacitated, avoiding court intervention.
⚠ Learn how a trust can protect your assets—contact us for a consultation.
Setting up a trust provides significant advantages beyond traditional wills:
Unlike wills, which become public record, trusts remain private, ensuring financial confidentiality. You control how and when beneficiaries receive their inheritance, preventing premature asset depletion.
Since trust-held assets bypass probate, heirs receive their inheritance faster, without the delays and costs of court proceedings.
Certain trusts shield assets from lawsuits, divorce settlements, and creditors, making them ideal for business owners, professionals, and high-net-worth individuals.
Many trusts are designed to minimize estate taxes, ensuring more of your wealth goes to your heirs rather than the government.
A trust ensures that assets are managed responsibly over time, particularly for heirs who lack financial experience. Structured distributions provide long-term financial stability.
⚠ Start planning your trust today—schedule a consultation now.
✔ Experienced estate planning attorneys customizing trusts to your needs.
✔ Comprehensive asset protection strategies for long-term wealth security.
✔ Tax-efficient estate planning solutions to maximize financial benefits.
✔ Legal guidance on revocable, irrevocable, and specialized trusts.
A well-structured trust ensures that your wealth is preserved, protected, and distributed efficiently. Whether your goal is to avoid probate, protect assets, or reduce taxes, our attorneys are here to guide you every step of the way.