There are many different types of trusts. Many times people come to us asking for a trust when they really need something different. Some of the trusts we use most commonly include revocable living trusts, irrevocable asset protection trusts, gun trusts (also known as an NFA trust), as well as tax credit shelter trusts.
Revocable trusts are one of the most flexible techniques to avoid probate. Probate fees can add up quickly. We can help you use a revocable trust to minimize those fees, and reduce your loved ones’ need to wait for a judge to permit your loved ones to do what everyone knows is right.
Creation of an irrevocable asset protection trust must follow a very specific procedure to be effective. A single misstep can require several thousand dollars in additional expenses to fix. If we cannot correct what is incorrect, our attorneys will advise you on the best strategy for your situation moving forward. The attorneys at Richert Quarles, P.A. want to provide you with the most cost efficient way to protect your assets.
Some types of firearms, like machine guns, short-barreled rifles, short-barreled shotguns, and suppressors are extremely costly. Some of these guns cost in excess of $20,0000.00 dollars. If you own one of these, or are thinking of purchasing one it is important to remember that these types of firearms can’t be transferred to a loved on easily. Without a gun trust, your asset might be seized by the government upon your death- or worse your family could be committing a federal crime by not surrendering them immediately.
If you are a beneficiary to a trust, we can help you to determine your rights under the trust documents. If you are a trustee or a grantor to a trust, we can provide you with advice on the management of your existing trusts and to see if you may be able to save some additional funds by making any changes to your plan.
Call us today to schedule your free 30 minute consultation to find out if a trust is right for you. If you currently have a trust and need an attorney to assist you in administering the trust, the attorneys at Richert Quarles, P.A. can help.
Please give us a call at 727-235-6461 to find out how Richert Quarles P.A. can help with your legal problems. We look forward to providing you with aggressive, determined representation.
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