Mauston Trust Attorneys

Why Should I Establish A Trust?

It can be challenging to get through the complexity of estate planning, but with professional guidance, you can protect your legacy and make sure all of your wishes are carried out. In Mauston, Wisconsin, establishing a trust can be a wise step for those wishing to efficiently manage their assets. We specialize in creating trust solutions that are tailored to our clients' specific lives and objectives in the Mauston area.

Why Mauston Residents Should Consider a Trust

By creating a trust, you can choose how your assets will be handled and allocated in the event of your incapacity or demise.

Here are some of the main advantages:

• Probate Avoidance: Assuring a more seamless transfer of assets, trusts allow your beneficiaries to avoid the frequently drawn-out and expensive probate process.
• Incapacity Planning: A trust can offer a well-defined strategy for handling your affairs out of court should you become incapable of doing so.
• Privacy Assurance: Trusts preserve the privacy of your estate's specifics and your beneficiaries, in contrast to wills, which become public records.

Types of Trusts Popular in Mauston

Our seasoned trust attorneys at Estate Law Partners, LLC can help you identify the optimal trust type for your purposes.

• Revocable Trusts/Living Trusts: These flexible trusts can be changed or revoked when your circumstances change, and they keep your assets out of probate after you die.
• Irrevocable Trusts: Once established, these trusts are permanent, providing considerable protection from creditors and estate taxes.
• Asset Protection Trusts: Designed to shield your assets from future creditors, these trusts are a proactive step in safeguarding your financial legacy.
• Charitable Trusts: Support your favorite charity or the public good while potentially reducing estate and gift taxes.
• Special Needs Trusts: Essential for Mauston residents with dependents who have special needs, these trusts allow beneficiaries to retain government benefits.
• Pet Trusts: Ensure your furry friends are cared for according to your wishes with a legally-binding arrangement.
• Dynasty Trusts: Protect your family's wealth across generations with a trust that minimizes estate taxes and provides long-term financial security.

Partner with Mauston's Expert Trust Attorneys

At Estate Law Partners, LLC, our decades of experience in trust creation and estate planning are at your service. We stay abreast of the latest Wisconsin state and federal laws that could impact your estate, ensuring your trust strategy is both current and effective. If you're considering whether a trust is right for your estate plan in Mauston, reach out to us. Our team is ready to help you navigate these important decisions with confidence and clarity.

At Estate Law Partners, LLC, we're committed to providing personalized trust solutions that reflect the values and needs of our Mauston community. Let us help you secure your legacy with the right trust for your situation.

Contact us today at (608) 292-5185 or through our online form to schedule a consultation with our trust attorneys in Mauston. Let's explore how a trust can enhance your estate plan and provide peace of mind for you and your loved ones.