What is Trust and Estate Planning?
Trust and Estate Planning is the process of managing, making arrangements, and ensuring that one’s property will be designated to his/her heirs, beneficiaries, and guardians according to his/her wishes. An estate may include land properties, vehicles, bank accounts, investments and insurance, and personal possessions.
It is crucial to process a trust and estate planning because of the following reasons:
- To avoid family feuds and disagreements;
- To assign a guardian for your child/children under 18 years old in the event that you and your partner are no longer alive;
- To equalize inheritance among heirs, beneficiaries, and guardians;
- To protect your family from financial burden;
- To specified healthcare instructions that the individual preferred; and
- To support charitable organizations or causes that the individual is passionate about even beyond his/her lifetime.
Duran & Duran-Schulze Law Can Help!
Duran & Duran-Schulze Law helps individuals and families navigate the complexities of estate law. We also provide specialized legal expertise to individuals and families seeking to manage their assets, protect their wealth, and ensure their wishes are carried out effectively after their passing.
Assist on Legal Documents
Duran & Duran-Schulze Law can draft essential legal documents, including wills, trusts, powers of attorney, and healthcare directives, customized to our client’s wishes and objectives. These documents ensure that assets are distributed according to our client’s intentions and can help minimize potential disputes among beneficiaries.
Asset Protection
At Duran & Duran-Schulze Law, we help our clients protect their assets from creditors, lawsuits, and other potential threats through various legal mechanisms, including trusts, business entities, and insurance strategies.
Probate and Estate Administration
In the event of a client’s passing, Duran & Duran-Schulze Law assists with the probate process or estate administration, guiding executors or trustees through the legal requirements and responsibilities involved in settling the estate and distributing assets to beneficiaries.
Need further information and assistance regarding Trust and Estate Planning? Talk to our team at Duran & Duran-Schulze Law to know more about the requirements and process. Call us today at (+632) 8478 5826 or +63 917 194 0482, or send an email to info@duranschulze.com for more information.