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Trust and Estate Planning

A trust is simply your instructions for the management of all or part of your property. The trust document describes:

  • How you want your assets managed, and eventually distributed
  • Who you want to benefit from your assets now and in the future
  • Who you want to be responsible for carrying out these instructions

What Can a Trust Do for You?

A trust can provide a measure of comfort knowing that you have a plan in place to help provide for the safe and accountable management of family assets and to direct their use in accordance with your wishes, goals and objectives. A trust is used to help ensure the proper management of your assets throughout the different stages of your life:

Benefits of a Trust

A trust provides protection for family members who may be unaccustomed to dealing with financial matters. It can offer protection of assets in case of divorce or other litigation. A trust can assure that funding is available for specific needs, such as education, health care or charitable interests. A trust provides a framework in which money is managed in a predictable fashion, by people you choose, according to standards you set. A trust creates guidelines for current and future distributions that reflect your wishes. A trust may also have substantial tax benefits and provide an expedient method to transfer assets.

Role of your Professional Advisors

Our role as your financial advisor is to support everyone, not to replace anyone. We will work with you and your tax and legal advisors, helping to coordinate and communicate your complete financial picture. The drafting of your trust document will be done by your estate planning attorney. LPL Financial, through The PrivateTrust Company, is available to administer your trust, once it's properly drafted. You can continue to benefit from the judgment of your trusted financial advisor, while your family's wealth is protected by a knowledgeable trustee.

LPL Financial Representatives offer access to Trust Services through The Private Trust Company N.A., an affiliate of LPL Financial.

Vail Private Wealth and LPL Financial do not provide legal advise. Please consult your legal advisor regarding your specific situation. 

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