Trust A Firm That Goes Above & Beyond

Trusted Wills and Trusts Attorneys in Cedar Rapids

Secure Your Legacy with a Trust

Trusts are fiduciary arrangements that you can establish to hold assets for someone else. Trustors – those who create the trust – can transfer property or assets into the trust where they will be stored until the beneficiary collects them. A trustee – named by the trustor – manages and oversees the trust on behalf of the beneficiaries.

Trusts are useful legal tools in estate planning that offer a variety of benefits. If you would like to learn more about how a trust can benefit you or how to create one, the trust lawyers at Howes Law Firm, P.C. are here to help. Our firm has been helping clients in Cedar Rapids establish all types of trusts since 1989.

Get in touch with our Cedar Rapids trust lawyers at (319) 264-2922 or contact us online. Your initial half-hour consultation is free!

Explore Different Types of Trusts and How to Fund Them

Each type of trust has a specific purpose and offers unique benefits to managing the trust. Trusts can either be revocable (changeable) or non-revocable. Revocable trusts, which are among the most common type, are trusts in which you are both the trustor and the trustee, allowing you to remain in control of your assets during your lifetime. These are also called living trusts.

Many people choose to fund a trust with:

Real estate
Bank accounts
Investments
Life insurance policies
Business assets
Art
Collectibles
Vehicles

What Are the Benefits of a Trust?

When creating an estate plan, you may think your will can fully outline your wishes for all of your assets. However, even a well-drafted will can only go so far when it comes to protecting and distributing your estate. In the long term, a trust will provide significant benefits to asset management and protection even after you pass away.

By establishing a trust, you can:

Avoid the probate process and thus the expenses and time connected with it
Minimize gift and estate taxes
Create instructions for the management of assets should you become incapacitated
Outline requirements that beneficiaries and heirs must observe to obtain the assets you have designated for them
Create a plan for the management of assets that will care for any minor children in the event of your death
Provide the peace of mind to you and your loved ones in having clear instructions for managing your assets

Beneficiaries can include family, friends, charitable organizations, or others you designate. Your beneficiaries will receive your trust assets from the trustee according to the instructions in the trust document.

Contact our Trust Attorneys in Cedar Rapids Today

You may not know whether a trust is a good fit for your estate planning needs. That is why we recommend that you consult with one of our attorneys for estate planning and probate so that you can learn more, understand the benefits, and make an informed decision. We can guide you through the process and handle all the details to create the right trust for your needs.

Contact us at (319) 264-2922 today to begin a free initial half-hour consultation with a trust lawyer in Cedar Rapids at Howes Law Firm, P.C.

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"Great Communication!"
Casey was very easy to talk with and explained things very well. Great communication! I'm very appreciative of his knowledge and with how everything was handled.

- Tammy S.
"Jase Jensen is amazing!"
Jase Jensen is amazing!

- Mariah Olver
"Very Patient and Wonderful to Work With"
We have worked with Steve Howes and his practice for our family wills, a family estate, probate, setting up our business LLC, and for legal advice for the business and personal matters. Steve is extremely knowledgeable and experienced.

- Lee and Kaitlin Boyse
"Very Easy to Work"
Dawn was very easy to work with and the whole team kept me very informed.

- Dillon William
"Extremely Knowledgeable"
Based on our experience, I highly recommend Mr. Rigdon and Howes Law Firm for any legal services you may need. When working with Mr. Rigdon, it is clear that he wants what is best for his clients.

- Travis F.
"I Am a Client for Life"
They made setting up our corporation so easy and painless and they assisted us with finalizing our Last Will and Testament, which has put our minds at ease.

- Dean and Kelli Weber
"Solid, professional and dedicated team."
I would highly recommend this law firm for any legal matter you are facing. Solid, professional and dedicated team.

- Monica R.
"Best law firm around"
I was represented better than I could have ever imagined. My needs were put first and was treated as a friend rather than a number. My opinions were valued and my doubts were always reassured. My nerves were calmed and the process was always explained. My attorney Kevin "Casey Rigdon" fought hard for me. He went above and beyond and did everything he could to ensure a great outcome. I couldn't have asked for a better law firm or attorney. Stayed with me all the way to the US Supreme court. If you need a excellent attorney I would hire Casey. He will fight hard and get the job done. Communication was always prompt and very professional.

- Chantele

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Howes Law Firm, P.C.

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