Protect Your Assets and Your Loved Ones

Protect your assets

You don’t have to be exceptionally wealthy or have a portfolio chock full of assets to incorporate a trust into your estate planning. A trust isn’t a fancy legal situation only for top tier earners. It’s a fiduciary agreement that allows an individual to assign the administration of their estate to a trustee who works on behalf of the family and beneficiaries to ensure the agreement remains intact and followed. In short, it’s your best bet for asset protection and to protect your loved ones. Here are the other benefits of trusts.

Avoiding Probate

A will details a person’s wishes after their death, including who gets what regarding money, belongings, and even assets. However, a will must go through the probate process, which can take months as it works through the probate court system. A trust does not need to go through probate because it’s a private legal contract. This allows for expeditious distribution of assets.

Tax Advantages

An irrevocable trust has tax advantages for your beneficiaries. Any inheritance within a certain range is subject to a gift tax. However, most inheritance from an irrevocable trust is not, which can save your loved ones thousands of dollars, allowing them to keep what you left for them.

Customization Opportunities

A trust allows you to customize when and how your family inherit money and assets from your estate when you’re gone. Things like reaching a certain age, what the beneficiaries can use the money for, the amount distributed and when, and limited or timed distribution. For example, these parameters can include reaching 18 years old, only using the money for college tuition, and only distributing the wealth in small increments annually.

For the best asset protection and to protect your loved ones, don’t wait until it’s too late! Contact McCutchen McLean, LLC, to schedule your consultation to start planning your trust.

Contract Review: 3 Key Parts

Contract review

Estate planning might be more emotional and personal than many other legal agreements, but the contracts are just as critical. Here are three things to look for during the contract review stage of any contract, including estate planning.

#1: Check the Dates and Deadlines

Check and double-check any dates and deadlines listed in the contract. While contracts are sometimes open for revision, estate planning has a unique situation where many, if not all, the elements remain unexecuted until after you or your loved one’s death. So, make sure the dates and deadlines are accurate now.

#2: Terms and Key Clauses

Whether the estate plan is for you or a loved one and whether it’s a simple decree of one’s wishes or a comprehensive plan for distributing wealth and assets, ensure a review of each term and key clause. Spend the time you need to ensure they’re all accurate and reflect your desires for your estate.

#3: Clear Language

Can anyone read the contract and understand the basics of what it’s laying out? If the language is unclear or ambiguous, it could open the contract to interpretation or potential legal conflict. Clear, concise language enables accurate interpretation and execution of your or your loved one’s wishes without needing a third party or mediation to determine the next steps.

Contracts, by nature, are complex and often overwhelming documents, but careful review and consideration are a necessity. When working on estate planning, the last thing you want or need is more stress. For contract review help you can count on, contact the experienced legal team at McCutchen McLean LLC.



James McCutchen drafted our estate planning documents and he did a fantastic job. The entire process was easy and affordable. I highly recommend James for any of your estate planning or probate needs.



James McCutchen helped me with my business contract for my new business venture. He was able to offer helpful and informative suggestions and recommendations for my contract. It is reassuring to have someone like James look over my contract to know that I will be covered. His service was outstanding and I highly recommend him for your legal needs!!



I recently had a tax issue with the IRS. I called McCutchen McClean law firm and they were able to fit me in quickly. They sat down with me, reviewed all the documents, listened to my concerns, and gave me wonderful advice as to how to fix the issue. They were friendly and understanding. Now, my tax issue is resolved, taking a HUGE weight off my mind. I would recommend them for any tax issue you may have! The service, hospitality, knowledge, and professionalism was outstanding!



We recently used James McCutchen and we could not be any happier! He was very kind, thorough when answering all of our questions and the best part of all we got everything completed pretty quickly. We highly recommend James. Thanks again for everything!



I have referred several clients to them. My clients are very happy with the outstanding, timely service they receive. James and Robin are extremely smart and professional, yet speak in "plain english" so everyone walks away educated regarding their tax, estate or family law issue.



Smart people that do great work.



I used Robin McLean as an attorney to secure a divorce about 20 months ago. I found her to be efficient, reasonably priced, and very well skilled. I was completely happy with her work. She did what she said. Since that time, I needed additional help with paperwork and she responded promptly and to my complete satisfaction. I highly recommend Robin as an attorney.


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