- November 25, 2019
- Kelvin Birk
- Estate Planning
Sometimes giving assets outright to a beneficiary – such a child, a grandchild or a special needs loved one – is not the ideal method of distributing assets in an estate plan. In such a scenario, a discretionary trust can be a good estate planning tool. Below is some basic information on discretionary trusts and how they may be beneficial to your particular family’s needs. At Birk Law Firm, we draft all types of trusts, including Discretionary Trusts, depending on each client’s particular situation.
Discretionary Trusts Explained
A discretionary trust is a type of trust that is set up f [...]