Understanding Trusts: A Powerful Tool for Protecting Your Legacy
Banking agencies have elevated the importance of the treatment of CSI by emphasizing concerns in enforcement actions and by issuing guidance and rules, but have not provided consistent and coherent definitions and guidance across the industry.
When it comes to planning for the future, many people think only of Wills — but Trusts are an equally important tool that can offer more control, privacy, and protection for your assets and your loved ones.
A Trust is a legal arrangement where one party (the trustee) holds and manages assets on behalf of another (the beneficiary). Trusts can be used for estate planning, asset protection, tax planning, and to ensure your wishes are carried out exactly as you intend — often without going through probate court.
Our team of lawyers has the experience to guide you through your legal claim.