Estate Planning • Trusts

Charlotte Trusts Law Firm • Estate Planning Attorney

A Trust can be a very important aspect of an effective estate plan. The Davidson Law Firm, P.C. is experienced with creating trusts and with trust administration. Dave Davidson is knowledgeable in the many types of trusts available and works to create trusts for his clients that serve their best interests in the most effective way. Contact Charlotte, North Carolina, living trust attorney Dave Davidson for assistance.

What is a trust?

A trust is an effective estate planning tool. An individual is able to transfer property into a trust for the benefit of another individual, business, or charitable organization. A trustee has control over the assets within the trust, which are for the benefit of that individual. A trust can contain any type of assets:

  • Money
  • Real estate
  • Stocks
  • Business interests
  • Cars
  • Other assets

Do I Need a Trust?

Trusts can also accomplish goals that a will cannot accomplish, for example:

  • A trust can go into effect while you are still alive
  • A trust can save you money now, and save your estate from excessive estate tax later
  • A trust will not go through the time and expense of probate
  • A trust can be used to pay for a college education
  • A trust can protect assets for a person living in a nursing home, while providing ongoing financial support to pay for special needs

Trust Formation Assistance

A trust is often created as part of an estate plan to avoid estate taxes and probate. However, it also can be created during the probate and estate administration process. As an experienced North Carolina estate planning attorney, Dave Davidson is skilled establishing a variety of trusts for clients.

  • Living Trusts
  • Irrevocable Trusts
  • Charitable trusts
  • Real estate trusts
  • Family trusts
  • Children's trust
  • Special needs trust
  • Other specific trusts

Whether a trust or a will is the best tool to meet your particular goals is a question you need to ask an estate planning attorney. As a Certified Financial Planner professional, Dave Davidson will explain the options available to you and help you choose the trust or will that best meets your needs.

If you wish to establish a trust during estate planning or are administering an estate and must create a trust, Davidson Law Firm can assist you. The attorney is experienced, knowledgeable, and prepared to handle your complex needs. Contact the Charlotte estate trust lawyer at the firm to discuss your needs.

The Davidson Law Firm, P.C. A Charlotte Wills, Trusts and Estate Planning Law Firm