These are just a few examples, and of course there are many variations off these general themes. Trusts offer many benefits, including privacy, tax reduction or elimination, and avoidance of probate, which in turn have derivative benefits – such as some degree of limited liability, conflict resolution, asset protection and estate planning. Feel free to book a consultation today to discuss this and other important matters about the estate planning process.

Brian Gormley, Esq. is an attorney licensed in Maryland and the District of Columbia specializing in real estate, probate, estate litigation and other matters. If you need assistance, please book a free consultation today.