Secure your family's future with testamentary trusts. Protect assets for minors, manage distributions, and provide long-term financial security through your will.
At Fleischmann Legal Group, we help families in Fort Worth, Dallas, surrounding areas of North Texas, and throughout Texas create testamentary trusts that protect assets and provide for loved ones according to your specific wishes.
A testamentary trust is created through your will and becomes effective upon your death. Unlike living trusts, testamentary trusts are established posthumously and offer unique advantages for estate planning, particularly when providing for minor children or managing complex family situations.
A testamentary trust is a legal arrangement created by provisions in your will that becomes active after your death. The trust is funded with assets from your estate and managed by a trustee you designate for the benefit of your chosen beneficiaries.
Protection for Minors: Ensure children receive their inheritance at appropriate ages with proper management.
Asset Protection: Shield beneficiaries' inheritances from creditors, divorce, and poor financial decisions.
Tax Advantages: Potentially reduce estate taxes and provide ongoing tax benefits.
Flexibility: Customize distribution terms based on beneficiaries' needs and circumstances.
Professional Management: Designate experienced trustees to manage complex assets.
Children's Trusts: Provide for minor children until they reach specified ages.
Special Needs Trusts: Support disabled beneficiaries without affecting government benefits.
Charitable Trusts: Benefit charitable organizations while providing tax advantages.
Spendthrift Trusts: Protect assets from beneficiaries who may not manage money responsibly.
