Trusts
Trusts can help you accomplish many of your long-term goals for the successful transfer of your estate to your heirs and beneficiaries. DeMent and Marquardt can develop a trust designed to meet your specific goals, whether you want to provide a regular income to your surviving spouse and children, safeguard assets until your children reach a certain age, or create a trust specifically for a charitable organization. A few of the many trust options include:

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A Revocable Living Trust is a legal document similar to a Will.
It includes directions for managing your property while you are living, and distributing your assets upon death. It also contains instructions for the management of your assets, even in the event of disability.
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An IrrevocableTrust contains much of the same information, however this Trust is final and binding, and cannot be rescinded, withdrawn, or changed in any way.
• A Credit Shelter Trust is designed to minimize taxes by most effectively applying the federal estate tax exemption to both spouses, sheltering the maximum amount allowed by law.