Mullavey, Prout, Grenley & Foe regularly assists individuals, couples, beneficiaries, trustees, and trustors with the creation and administration of revocable (living) trusts, irrevocable trusts, and testamentary trusts. Our attorneys are well versed in the use of living trusts to avoid probate of in-state assets as well as to avoid ancillary probates of out-of-state real property. They are also very knowledgeable in the use of irrevocable trusts to maximize lifetime gifting and minimize estate taxes as well as to hold life insurance policies which can provide valuable estate tax free liquidity upon death. We regularly draft testamentary trusts such as credit shelter trusts, marital trusts, QTIP trusts, AB Trusts, QDOT Trusts, childrens trusts, and grandchildrens trusts for the inclusion in clients Last Wills and Testament or living trust documents. Our knowledgeable attorneys routinely assist trustors with the proper funding of trusts. We also regularly assist trustees in complying with their statutory duties including preparation of the following documents:
For answers to basic trust-related questions, we invite you to review Trust FAQs. Our experienced attorneys look forward to assisting you with all of your trust creation and administration needs.