Establishing Financial Protection And Control

At Canavan Law PLC, we help clients draft an estate plan that suits their individual needs and objectives. We believe there is no one-size-fits-all solution to estate planning concerns, which is why we work hard to understand your goals and personalize a plan that will benefit you and your loved ones well into the future.

Our lawyer Bryan Canavan will help you craft a plan that will reduce estate taxes, provide for your beneficiaries and allow you to maintain a measure of control over the estate you worked so hard to build. In addition to drafting a will, we can also help you protect assets for a specific use by establishing a trust. There are different types of trusts, and we can identify which one may be most appropriate for your unique situation.

Different Types Of Trusts For Different Needs

There are different ways that trusts can provide benefits for you. We help Arizona families understand their options and determine if any of the following types of trusts could be beneficial for them, including:

  • Special needs trust: This trust allows you to set aside and protect assets for the benefit of a special needs loved one. The assets in this trust can be for their everyday needs, medical care and more. You can name a trusted individual to oversee the trust.
  • Asset protection trust: This trust allows you to set aside assets in order to shield them from creditors. These trusts are often irrevocable, which means you may not be able to change the trust or move assets out of it.
  • Charitable trust: This type of trust allows you to set aside assets in order to leave a portion of your estate to a charitable organization. The establishment of this type of trust can reduce estate taxes and taxes imposed on large financial gifts.

Our experienced estate planning attorney knows the law, and he employs this knowledge along with commitment to client results to draft the plan you need. Our goal is to create a plan using the right tools, providing you and your loved ones practical benefits and peace of mind.

Start Today On The Estate Plan You Need

If you believe you could benefit from a trust or need estate planning guidance, we can help. We offer free initial case evaluations for estate planning clients and legal services in Spanish. Contact our Tucson office at 520-355-3920 or email to schedule an appointment to meet with our attorney.