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Top Seven Reasons Why A Trust May Be Right for You

Most people think that trusts are only for the Kennedys or the Rockefellers, or families like these, but not for them. However, there are lots of reasons why a trust may make sense for you and your family. Here are the top 7 reasons why you should consider a trust:

First, a revocable living trust can help certain families with estates valued at over $5.25 million avoid estate taxes and other taxes.

Second, a properly funded trust can help you and your family avoid a probate. In general, a trust administration is quicker, less costly, and more private than administering a will in a probate case.

Third, a trust avoids a conservatorship (a court proceeding to appoint someone to manage your finances if you are incapacitated) and works better than a financial power of attorney in the event of your incapacity.

Fourth, a trust gives you more flexibility in determining how distributions will be made to your children or other beneficiaries.

Fifth, a trust can help ensure that there is someone you trust managing your beneficiaries’ inheritance, especially if they are minors, have mental capacity issues, or have drug, alcohol, or bi-polar issues.

Sixth, a properly drafted trust with an up-to-date spendthrift provision can provide creditor protection for your beneficiaries.

Finally, a trust can provide a framework to manage your business or other properties in the event of your death or incapacity.

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John EvenOur firm has helped families just like yours handle a wide variety of estate planning, probate, and trust administration issues.  In particular, we have the experience in handling all different kinds of estate planning, probate, trust administration, guardianship, and conservatorship matters.  When families are not getting along, we can also help you to handle any disputes and litigation related to wills, trusts, guardianships, or conservatorships as well.  Please give me a call, so that I can help you work through these difficult issues with confidence.

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    • "It was a pleasure to work with Attorney John B. Even and his excellent legal assistant, Emily, and paralegal, Jacqueline. This competent team seamlessly worked to develop our Will and Family Trust. Mr. Even patiently explained each document to us. John is a knowledgeable and compassionate attorney with a deep understanding of the law and a great ability to clearly explain complex legal issues. "  -Rita November 22, 2024

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    • "We have known John Even for many years. So, I will say that he was our first choice. I get many advertisements in the mail for trusts and estate planning and at various prices. I called a few of them. We stayed with John for several reasons. He had a flat fee with us. So there was NO chance of getting billed extra hours for this and that. Which is often the cast once you sign on the dotted line. John was very explanatory about the process of setting up a trust, He looked at all our information. our children, accounts, and many things I had never considered. This was what I needed to get clear on the whole process. "  -Thomas January 28, 2024

    • "Attorney Even and his staff are professional, personable, responsive, and clearly expert in the estate planning world. The time spent gathering our information allowed Mr. Even to produce thoughtful, custom documentation that will serve us well. The print and electronic versions of our records that were provided will make maintaining them, and sharing them as appropriate, very easy...a real plus."  -Larrh January 24, 2024

    • "Our Estate Planning journey with John B. Even and his team was a “5 Star” experience! John’s character, values, and knowledge was evident throughout the entire process. John and his team listened carefully to our wishes, and yet, asked great questions to help us collaborate on exactly the right Estate Plan. We would highly recommend John and his team!"  -Rob & Terri September 25, 2023

    • "Once I made my initial call to Mr. Even‘s office I never looked back – great decision! His staff is courteous, caring and efficient. Mr. Even is professional, highly knowledgeable, good listener and adviser. I highly recommend Mr. Even. It is a privilege to have him on my team!"  -Trusts & Estates May 14, 2018

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