What is the 20/20 Hindsight Trust?
The 20/20 Hindsight Trust is an innovative estate planning tool that combines the flexibility and control of a traditional trust with enhanced asset protection. It's designed to give you the foresight to protect your assets and your beneficiaries' future.
How does this trust offer 'hindsight' in estate planning?
This trust provides the unique advantage of adapting to unforeseen future challenges. It's like having the benefit of hindsight today, allowing you to plan for your kids’ potential divorce, creditors, or legal issues that might affect them .
What makes the 20/20 Hindsight Trust different from a regular trust?
Unlike standard trusts, this trust offers heightened asset protection and flexibility, ensuring that your beneficiaries' inheritances are safeguarded against their personal liabilities and life changes.
Can the trust protect against divorce or creditors?
Yes, the trust is designed to offer robust protection against such risks, ensuring that your assets remain within the family and are not vulnerable to external claims.
Will I have to change it again and again?
No! That’s the beauty of it. It changes automatically, to fit each beneficiary’s circumstances down the road. In fact, this is the first time in over 10 years that we have recommended a change like this. the trust is designed to offer robust protection against such risks, ensuring that your assets remain within the family and are not vulnerable to external claims.
Is the 20/20 Hindsight Trust adaptable to future changes?
Absolutely, the trust is structured to evolve with your beneficiaries' life circumstances, offering continuous protection and adaptability.
How does this trust benefit my beneficiaries?
It provides them with control over their inheritance while protecting it from external threats like lawsuits or financial instability. It's a way to ensure their future financial security.
Can the trust help in reducing estate taxes?
Yes, by effectively managing assets and future growth, the trust can play a strategic role in estate tax planning, potentially reducing the tax burden on your estate.
How can I set up a 20/20 Hindsight Trust?
Setting up this trust involves a consultation with our specialized estate planning attorneys, who will tailor the trust to your unique circumstances and goals.
You can contact us today at 978-494-5036 to get started right away or you can fill out the form HERE.
