Law Office of Randy Michel
College Station, TX
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What type of trust is right for you?

At some point, you may decide to alter your estate plan. Or maybe you are in the process of creating an estate plan for the first time. Regardless of your situation, some type of trust may be just what you need. This could be the legal document that gives you and your family peace of mind.

While there are many benefits of trusts, there are also some details that can be confusing. For example, there is more than one type to consider. For this reason, you need to understand the pros and cons of each one. Here are some of the most common types of trusts:

-- Charitable trusts

-- Insurance trusts

-- Revocable trusts

-- Irrevocable trusts

-- Family trusts

All of these trusts do something different. For example, a revocable and irrevocable trust are not one in the same. With a revocable trust, you still have the right to transfer assets out or eliminate the trust altogether. With an irrevocable trust, this is not an option.

If you think that a trust could be a good addition to your estate plan, find the type that will give you exactly what you are looking for.

We have helped hundreds of people create the right type of trust. This starts with a review of your estate plan and goals. From there, it's easier to decide which type is best.

Do you have questions about the many types of trusts? Don't wait around to learn more. You can contact us online or via phone for additional information and advice. This will put you on the right track.

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Law Office of Randy Michel
232 Southwest Parkway East
College Station, TX 77840

Phone: 979-314-2965
Phone: 979-764-2435
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