Trusts

Trusts in Scottsdale, AZ

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All trusts require a trustor (person setting up the trust), trustee (person appointed to administer the trust per the trust guidelines) and beneficiaries (the people who are benefiting from the trust).  There are 2 major types of trusts — a revocable and irrevocable trust.  However, depending on your assets, businesses, creditor exposure, etc, there are creative ways to structure your trusts in your Estate Plan.   Paul  Deloughery is great at listening to your story and advising what would work the best for your situation.  Structuring an Arizona trust properly requires creativity and a vast knowledge of the law and tax codes.  The Magellan Law Firm goes above and beyond to make sure its clients get a trust that will protect them properly and reap the most tax and other benefits.