Speidel Bentsen LLP has developed a large variety of Trusts for its clients to meet their specific needs under Washington law and federal tax law. These many types of Trusts include, for example:
- Revocable Living Trusts;
- Cabin Trusts;
- Qualified Personal Residence Trusts (QPRTs);
- Trusts for minor children;
- Special Needs Trusts for family members who are disabled or receive governmental assistance;
- Irrevocable Trusts for gift planning purposes, including the use of “Crummey powers” as authorized under IRS Revenue Procedures 73-405;
- Irrevocable Life Insurance Trusts (ILITs);
- Trusts under Will designed to protect assets for nursing home planning purposes;
- Washington Qualified Terminable Interest Property (QTIP) Trusts designed to minimize estate taxes and shelter $2 million of assets under Washington law;
- Federal Qualified Terminable Interest Property (QTIP) Trusts designed to minimize estate taxes and shelter $5.2 million of assets under Federal law;
- Trusts for the benefit of a spouse or domestic partner including Marital Trusts, A/B Trusts, and Spousal Support Trusts;
- Family Trusts for the benefit of both a spouse/domestic partner and children;
- Intentionally Defective Trusts;
- Charitable Remainder Trusts (CRTs);
- Charitable Lead Trusts (CLTs);
- Generation Skipping Trust (GST).
We assist our clients in determining the most appropriate Trust which meets their objectives. If we can help you with a Trust under Washington or federal law, please contact us.
Chelan, Douglas, Okanogan, Grant and Kittitas Counties
Trusts Attorney in Wenatchee, WA