Law Offices
of
Adam Farber
Helping you Build, Protect and Rebuild your Future
Trusts
Choosing the right type of trust depends on your goals, your assets, and your family’s needs. A well-structured trust can provide peace of mind, protect your legacy, and ensure your wishes are followed without unnecessary court involvement. Trusts can help you avoid probate, reduce estate taxes, provide for loved ones with special needs, or control how and when your beneficiaries receive their inheritance. Whether you're looking to safeguard a family home, preserve wealth across generations, or maintain privacy, we can help you design a trust that aligns with your specific intentions. At the Law Offices of Adam Farber, we work closely with each client to create customized trust-based plans that offer flexibility, protection, and long-term peace of mind.​
Irrevocable Trusts
An irrevocable trust cannot be modified once created (except under certain legal procedures), but it offers powerful benefits such as asset protection, estate tax reduction, and Medicaid planning. Because you give up control over the assets in an irrevocable trust, they are generally shielded from creditors and lawsuits, making this type of trust ideal for high-net-worth individuals or those concerned about long-term care costs.
Specialized Trusts
These are tailored for unique circumstances. A special needs trust ensures that a loved one with a disability can receive financial support without losing eligibility for government benefits. A testamentary trust is created through your will and only takes effect after your death, often used to manage inheritance for minors. Charitable trusts are designed to benefit a nonprofit organization while also providing tax benefits to the donor. Spendthrift trusts protect beneficiaries from squandering their inheritance and from their creditors.
Disclaimer
The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create an attorney-client relationship, and receipt or viewing does not constitute an attorney-client relationship.