Many people think trusts are something they would never consider. Too complicated. Too costly. Not necessary. These are the comments we often hear. Not so fast, we say. Having worked with trusts for decades, we know that trusts can be both simple and cost-effective. They can be used to resolve a lot of important issues and concerns, such as: How to best support the people and causes you care about; how to guard your privacy; how to define your legacy; how to save on taxes.
To find out how a trust could benefit you and your family, read this article I co-wrote with Kristi Mathisen, LNMW’s Director of Tax and Financial Planning.