Trusts Attorney & Estate Planning in Maryland, Virginia, and Washington Dc
|Each Trusts Attorney and Estate Planning Attorney at Longman & Van Grack works with each of our clients to ensure that all of their desires are met and all of their estate planning needs are taken care of. Each Maryland, Virginia, and Washington DC trusts lawyer and estate planning lawyer at our firm has a background in both estate planning law as well as tax law to ensure that each of our clients’ trusts planning needs are addressed.
Many people have preconceived notions about trusts and believe that they are only for multi-millionaires who wish to leave large trust funds to their children. However, this is far from the truth; trusts can be invaluable tools in the estate plans of millions of individuals. Our trust attorneys counsel each of our estate planning clients in our Maryland (Rockville and Bethesda), Washington DC, and Northern Virginia Offices.
Trusts are simply an arrangement where one party holds property on behalf of another party. In an estate planning context, trusts are created by the person doing the estate planning (the settlor), who authorizes another person (the trustee) to manage the assets for the benefit of a third party (the beneficiaries). There are many reasons for establishing trusts including tax minimization or providing for the needs of underage beneficiaries.
Some types of trusts that may be useful in estate planning are:
As you can see, there are many different types of trusts in Maryland, Virginia, and Washington DC, and Longman & Van Grack’s trust attorneys can customize each trust to serve a valuable purpose in accomplishing the wishes of those making gifts or planning an estate. An experienced estate planning attorney can help you assess your finances and goals to determine the best vehicles to preserve your wealth and your legacy.
Longman & Van Grack’s experienced trusts lawyers can advise you on all aspects of estate planning, such as drafting a last will and testament, drafting trusts, explaining how to structure the estate to minimize the impact of estate taxes on your assets. The Maryland, Virginia, and Washington DC trusts attorneys and estate planning attorneys at Longman & Van Grack have years of experience dealing with establishing the right type of trusts for each of their client. If you would like to discuss the best ways to structure your potential trusts and estate for the benefit of your family, contact us at (301) 291-5027 for a consultation in our offices in Maryland (Bethesda & Rockville), Northern Virginia, and Washington DC.
With Offices in Bethesda, MD and Rockville, MD, the attorneys at Longman & Van Grack assist clients throughout Washington, DC and Maryland including Montgomery County, Howard County, Prince George’s County, Chevy Chase, Darnestown, Gaithersburg, Germantown, Potomac, Silver Spring, and Wheaton.Hiring an attorney is an important decision which should not be based solely on advertising. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters, and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.