Probate Law :: Testamentary Trusts
Tax planning is becoming less of an issue for the average client, the focus in estate planning has shifted to asset protection for intended beneficiaries. At Matta & Gager we often hear our clients tell us that they plan to leave everything equally to their children, but how can they ensure that whatever they leave to this child will not have to be spent on his or her debts or given to his or her soon-to-be ex-spouse?
Testamentary Trusts are created by a settlor's will. A settler's property is therefore transferred into a trust when the settlor dies. The terms of the trust are detailed in the will. Testamentary Trusts allow for a substantial level of control over distribution of assets and carry significant tax advantages.
We have successfully represented clients across Connecticut, including the areas of New London, New Haven, Hartford, Fairfield, Middletown, Norwich and surrounding area.
Contact Matta & Gager to discuss your specific legal needs regarding Testamentary Trusts.