Colorado 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 30 Years of Experience
We have 30 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.
Have Questions? Contact Jorgensen, Brownell & Pepin, P.C.
Why should you enlist our top-notch services? Consider the following reasons:
- We have strategic problem-solving skills
- We create personalized legal strategies
- We provide step-by-step guidance
If you have any questions about how we can help you establish an irrevocable trust, we would be happy to give you all the information and resources you need. We believe that helping our clients become well-informed regarding their options and rights is extremely important.
Please give us a call today to learn more about how we can help you.