Do I Need a Trust? Here’s What You Need to Know

Have you ever asked yourself, “Do I need a trust?” It’s a common question, and the answer often depends on your goals and concerns.

For some, trusts offer a way to simplify inheritance for loved ones or avoid probate. For others, a trust can help protect wealth, manage asset distribution to younger family members, or safeguard assets against potential challenges like divorce or lawsuits.

A trust, at its core, is a legal tool for organizing assets and setting clear guidelines around distribution. Some trusts, like grantor or credit shelter trusts, allow specific terms on how and when funds are accessed. In today’s planning landscape, trusts are less about tax advantages and more about adding control and protection where it’s needed most.

If you’re interested in learning whether a trust could be right for you, let’s discuss your goals and options.

Connect with us today to get started on finding the best solution for you.

At Wheeler Wealth Management, we’re here to help you feel Level 10 confidence in every financial decision.