Trust Administration

There is only one way to ensure your wishes are carried out after your death: making the hard choices while you still can.

An accident, illness or serious injury can take away your capacity to make significant choices in the blink of an eye. These important financial and legal decisions can be left to your family members or the state if you do not have the right legal processes in place.

Safeguarding Your Choices

Lamprecht Law, PLLC, is a legal firm focused on safeguarding your rights. You have the right to choose how your assets are passed on and who gets them. When it comes to financial decisions, you may find a trust is the best way to ensure your wishes are upheld.

A trust has many benefits for you to consider, including:

• Using it during your lifetime to manage property

• Replacing or supplementing your will

• Relocating financial obligations, such as debt, to the people who can best handle it

• Detailed property distribution plans

• Transferring assets in a way that avoids probate

• Keeping your property and assets in the hands of the right people

Trust administration is a legal system that allows an attorney to enforce your wishes. Our role is in place to serve you during your life span and after, and to serve your benefactors as they go through the complex transition of losing you.

Our team can help you establish a trust and then be as hands-on or hands-off as you wish.

Types of trusts

We can discuss the right trust for you. Our approach is conversational, so you never leave our doors without clearly understanding all your options.

You may want to consider what you want to accomplish with your trust, such as:

• Financial support for minors or special needs individuals

• Avoiding Minnesota taxes when your property transfers to your children

• Maximize federal tax exemptions

• Tax benefits through donating to charity

• Trust funds for family or pet trusts

Call 507-534-3828 or use the online contact form to set up a time to discuss your options. Our consultations are always no-obligation. Let us provide the answers you need to make an informed decision about your future.