Trusts
The Barrington-area lawyers of Buckley Fine can:
- Asset Protection Trusts
- Self-Settled Spendthrift Trusts
- Third Party Settled Trusts
- Trustee Discretionary Trusts
- Spousal Lifetime Access Trusts
- Intentionally Defective Grantor Trusts
- Irrevocable Insurance Trusts
- Single Purpose Trusts
- 2503(c) Minor’s Trust
Trusts come in a wide variety of designs. The design of a trust for protection of wealth may differ in many respects from a trust designed for estate planning. Accomplishing the protection desired will entail the removal of direct control and access. Another definition, which carries further hints of offshore implications, states that asset protection is the use of a more favorable system of laws (offshore) against a less favorable and confiscatory system (domestic), a legal arbitrage of sorts.
- Infusion of protective trust provisions in revocable trusts to protect secondary remainder beneficiaries.
- Design and implementation of irrevocable trusts to protect settlors and primary beneficiaries.