Trusts

Estate Planning Tailored to Your Needs

With over twenty-five years of experience, attorney Roberta A. Schreiber takes a comprehensive approach to estate planning. She advises clients on how they can benefit the most from legal Estate Planning instruments, such as Wills and Trusts.

Whether a client wishes to set aside money for a grandchild to go to college or would like to make a sizeable charitable donation out of their estate, Roberta has the experience to recommend the most effective way to achieve a client's Estate Planning goals. For legal assistance in North Reading or throughout Massachusetts, contact Roberta Schreiber and schedule an initial consultation.

There are many types of Trusts. After carefully reviewing your financial situation and personal goals, Roberta can advise you of the appropriate Trusts that can help you achieve your Estate Planning objectives. She can assist you with the following:

• Revocable and Irrevocable Trusts
• Special Needs Trusts
• Irrevocable Insurance Trusts
• Marital Trusts
• Generation Skipping Trusts
• Charitable Remainder Trusts
• Other Trusts

A Trust can be established while you are living or created at your death through your Last Will and Testament. Trusts made in accordance with your declarations in a Will are known as Testamentary Trusts. Living Trusts (also known as Revocable Trusts) are created while you are alive. In most situations, the creator of the Living Trust is both the primary beneficiary and the trustee — meaning the trust holds your assets for your own benefit. You maintain control of your assets while you are alive and at your death, the assets within the Trust pass to subsequent beneficiaries. The assets funding the Trust are no longer considered part of your estate and will not need to pass through the time-consuming probate administration process.

Trusts can offer many different benefits, depending on the specific type of Trust used. Some benefits of Trusts include asset protection, privacy, control over the way assets are used, probate avoidance, minimizing taxes, and many other benefits.