If a personal residence is the largest asset of an estate, Walny Legal Group can help determine if it would be beneficial to transfer that asset into a trust while a client is still living.
Can a person be both the grantor and beneficiary of a trust? Attorney Walny is one of a small group of attorneys in the U.S. who knows how to handle this complex asset protection vehicle.
Several U.S. states now have DAPT statues that offer benefits formerly only available offshore, but it is critically important they be properly implemented.
In some circumstances, the use of a GRAT can help increase the value transferred to a trust while minimizing tax exposure.
Revocable trusts don’t offer anything in the way of asset protection, making it important to understand which of the many types of irrevocable trust may be the best choice for you.