Should I consider setting up a trust?

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Trusts can provide potential benefits, like control, incapacity protection, potential probate avoidance and tax planning opportunities.

A trust could be a useful tool to incorporate in your estate strategy. That's because trusts can provide potential benefits, like control, incapacity protection, potential probate avoidance and tax planning opportunities. But there are numerous types of trusts – and reasons why each type could make sense for you – depending on your financial and personal situation.

That's why we believe that answering this question requires a team approach. Your financial advisor can help you start this process by working to identify and prioritize your goals and then coordinating your team of tax and legal professionals.

How we can help

Your lawyer can help you determine if the benefits outweigh the costs of a trust and if this strategy makes sense for your situation. Talk with your Edward Jones financial advisor today to get started planning for your future.

Important Information:

Edward Jones, its employees and financial advisors are not estate planners and cannot provide tax or legal advice. You should consult your estate-planning lawyer or qualified tax advisor regarding your situation.