A Variety Of Trust Options
We offer a variety of trust services and alternatives that offer solutions based on your personal needs. We provide expertise in the areas briefly outlined below.
Are you interested in funding a trust while retaining control of your assets during your lifetime? Then consider a Revocable Living Trust.
Revocable Living Trust
These trusts are established during your lifetime, allowing you to enjoy the peace of mind of having all of your financial affairs in order. When you place your assets in a personal trust, you control all the assets while you are alive. With the assistance of your professional trustee, you can direct those assets as actively as you desire, and make changes when you wish. We offer customized personal trust services to ensure your wishes and intentions are met.
Do you want to donate to your favorite charity while reducing your estate taxes, eliminating capital gains or claim income deductions? If so, you may want to consider a Charitable Trust.
Charitable Trusts
In the sphere of charitable giving, there are several choices that enable you to select which type of giving is appropriate for you. These trusts typically provide for your favorite charities while allowing you to take advantage of tax savings. Plante Moran Trust can administer charitable remainder trusts, charitable lead trusts, as well as family foundations and endowments.
Are you concerned about the potential tax liability on your estate? Perhaps an Irrevocable Trust is a solution to consider.
Irrevocable Trusts
These trusts are created to take advantage of tax savings or to provide for the care and support of your surviving family members. There are trust arrangements that can be funded now as part of your estate settlement plan to reduce the size of your taxable estate and provide you considerable tax savings. These trusts are customized to meet your objectives.
Irrevocable Life Insurance Trust
An irrevocable trust can be structured to purchase life insurance on your life and provide estate tax-free funds for heirs at your death. It holds and remits your life insurance premiums and collects the proceeds at your death. By allowing the trust to own your policies, the proceeds are excluded from your taxable estate.