Providing Comprehensive Trust Services
Trusts are used for a variety of purposes, including transferring assets to beneficiaries without first having to go through probate. Though setting up trusts potentially saves you time and money, Delaware law contains several complex requirements regarding trust preparation and administration.
Lawyer Denise D. Nordheimer has an in-depth understanding of Delaware trust law. Our attorneys can assist you with the creation of a trust or with modifications to existing trusts.
Our attorneys are especially familiar with Delaware directed trusts, reformation or decanting of a Delaware trust and what makes such Delaware trusts unique. Our lawyers represent corporate and individual trustees to assist with their fiduciary responsibilities such as preparing and filing trust accountings, managing distributions to beneficiaries and otherwise administering a trust.
Understanding Different Kinds Of Trusts
Trusts authorize trustees to distribute trust assets while minimizing the time and expense required for the distribution to take place. If properly worded, money and assets in the trust are sheltered from certain taxes and other expenses.
No single type of trust can meet everyone’s needs. We first need to examine your individual circumstances before deciding what type of trust shall work best for you. Our attorneys prepare charitable trusts, special needs trusts, life insurance trusts, pet and gun trusts, and other kinds of trusts designed to meet your specific goals.
A revocable trust, for example, is subject to change until the person creating it dies. Additionally, trusts may be set up for the special needs of children. We can also include spendthrift provisions in your trust that shall control the distribution of money from a trust benefiting children or people with challenging spending habits.
The attorneys at The Law Office of Denise D. Nordheimer, Esquire, LLC, can assist you in making the right decisions. We shall cater to your needs and address every issue, large or small. Our assistance prevents mistakes when creating a trust or during the trust administration process.
Get Answers To Your Legal Questions
Our attorneys are available for you and are here to answer your questions. We return all phone calls within one business day.
Contact our Wilmington or Milton office online or call 302-655-4500 to set up an initial consultation.