Longmont Irrevocable Trust Attorneys
An irrevocable trust cannot be altered, amended or revised until the terms
or purposes of the trust have been completed. It is important to understand
that irrevocable trusts are iron-clad once initiated. However, you can
control who benefits from the trust, when they benefit, and what the benefit will be.
Irrevocable trusts are generally used to accomplish one or more very specific
estate planning goals. For example, an irrevocable life insurance trust can be used to
hold enough life insurance to expand the estate to cover any potential
future estate settlement expenses and to create a guaranteed inheritance.
Additionally, an irrevocable trust can be set up to provide for your disabled
child or to control what your adult children can do with the assets that
you are leaving to them. Let our Longmont estate planning attorneys at
Jorgensen, Brownell & Pepin, P.C. draw up and review any trust agreement
to identify clauses that expose you and propose additional language to
protect you.
To set up an irrevocable trust, call (720) 809-8310 for an initial consultation.
We Have 25 Years of Experience
We have 25 years of experience in handling a wide range of cases, including
the most complex. When creating irrevocable trusts, we carefully evaluate
all the details and listen carefully to the concerns of our clients. We
create document that reflects their unique needs and goals.