Secure Your Legacy with a Professionally Crafted Trust
What is a Trust?
A Trust is a legal arrangement where one party (the trustee) holds and manages assets for the benefit of another (the beneficiary). Trusts offer flexibility and control over how and when your assets are distributed, making them an essential part of a comprehensive estate plan.
A Trust is a powerful legal tool that allows you to protect your assets, provide for loved ones, and ensure your wishes are carried out. At Ontario Wills Lawyer, we specialize in creating customized Trusts, including Henson Trusts, House Trusts, and other types of Canadian Trusts, tailored to your unique circumstances.
Types of Trusts We Offer
Henson Trusts:
Designed to provide for individuals with disabilities without affecting their eligibility for government benefits. Henson Trusts offer long-term financial security and peace of mind.
House Trusts:
Ensure that a specific property, such as a family home, is preserved for the benefit of a loved one or a group of beneficiaries.
Testamentary Trusts:
Created as part of your Will, these trusts take effect after your passing and provide a tax-efficient way to manage assets for beneficiaries.
Family Trusts:
Protect family wealth, facilitate tax planning, and ensure assets are distributed according to your wishes.
Charitable Trusts:
Leave a legacy by supporting causes you care about while enjoying potential tax benefits.
Why You Need a Trust
A Trust is a versatile and essential tool in estate planning, offering benefits that extend far beyond what a Will alone can provide. By creating a Trust, you gain peace of mind knowing your assets will be managed and distributed exactly as you intend.
Protection for Vulnerable Beneficiaries: Safeguard the financial future of minors, individuals with disabilities, or those who may struggle with inheritance management. Trusts like Henson Trusts provide support without affecting government benefits.
Tax Efficiency: Reduce estate and capital gains taxes, preserving wealth. Testamentary Trusts offer income-splitting and tax-saving opportunities.
Privacy & Flexibility: Trusts keep financial matters private (unlike Wills) and adapt to changing family or financial situations.
Asset Preservation: Protect assets from creditors, lawsuits, and unforeseen events while ensuring secure management.
Custom Distribution: Control how and when assets are distributed for education, care, or charitable causes.
Continuity of Management: Ensure seamless asset management during incapacity or after passing, ideal for business owners and complex estates.
Simplified Estate Administration: Avoid probate to save time, reduce costs, and ease the estate settlement process.
Charitable Giving: Support causes you care about with tax-efficient Charitable Trusts.
Blended Family Planning: Balance the needs of a current spouse and children from previous relationships with fair asset distribution.
Peace of Mind: Trusts protect your estate, honor your wishes, and ensure your loved ones are cared for.
Why Choose Ontario Wills Lawyer?
- Over 20 Years of Experience: Our expertise ensures your Trust is legally sound and tailored to your needs.
- Comprehensive Advice: We guide you through the complexities of Trusts, explaining your options clearly.
- Tailored Solutions: Every Trust is customized to your goals, family dynamics, and financial situation.
- Collaborative Approach: We work with your financial advisors and accountants to create a cohesive estate plan.
How It Works
Book a Free Consultation
Speak with a lawyer to discuss your goals and the type of Trust that fits your needs.
Design Your Trust
Share your wishes, and we'll create a Trust that reflects your values and priorities
Draft and Finalize
Receive a professionally prepared Trust document ready to safeguard your legacy.
Ongoing Support
We're here to assist with any updates or changes as your circumstances evolve.
Start Planning Your Trust Today
Whether you’re protecting a loved one, preserving your assets, or leaving a legacy, a professionally crafted Trust is an essential tool. Contact Ontario Wills Lawyer today to schedule a free consultation and take the first step toward securing your future.