Miller trust is a trust company that specializes in estate planning. The company was founded in 1876 and has since grown to be one of the largest trusts companies. It offers a wide range of services, including trust creation, administration, estate planning, and taxation. The company also has a number of affiliated companies that offer additional services related to estate planning, such as asset protection and probate litigation. You can hire the best attorney in Arizona via https://elderlawofaz.com/elder-law-altcs/ for your specific needs.
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One key feature of the miller trust is its focus on preserving family privacy. The company takes a hands-off approach to estate planning, preferring to let clients work with an experienced team of professionals who will guide them through the entire process. This approach allows clients to customize their plans based on their unique needs and goals.
There are several factors to consider before making a decision about whether or not you need a miller trust. Some of the benefits of using a miller trust include:
The ability to designate specific beneficiaries. This can help ensure that your money is used in accordance with your wishes.
Trust can provide tax advantages.
The trust can offer peace of mind in knowing that your assets are protected.
Make sure your trust is updated annually. It’s important to make sure your trust is updated annually so that it reflects current tax laws and beneficiary guidelines. Always consult an attorney when creating or updating a Miller Trust in order to make sure everything is done correctly and legally.