Call Us Call Us


Home >> Services >> Trusts

Trusts are some of the best-loved tools for financial planning, and for good reasons.

When established correctly, trusts can help minimize estate taxes, streamline probate issues (or avoid them entirely), and transfer your assets to your heirs more easily.

If you don't have a trust but are interested in establishing one, here's what you need to know about these powerful financial tools:

Why Should You Establish a Trust?

There are dozens of good reasons to establish a trust. Here are a few of the largest:

The Four Main Participants In a Trust

Each trust has a variety of participants. These are as follows:

What Kind of Trust Should You Establish?

There are many different types of trusts, and they can be complex to set up and execute. However, a trust can be a very flexible and advantageous means to transfer your assets in the future, so it's a process well worth undertaking.

Most trusts can also provide current benefits, such as tax deferral and deductions. Unlike a will, a trust may help avoid probate upon your death. To figure out what type of trust you need, your first step will be to consider your priorities.

For example, are you attempting to avoid probate or minimize your estate taxes? Do you want your money to transfer seamlessly to your heirs, or is your priority defining a purpose for those funds and sticking to it?

The type of trust you establish will depend in large part on these priorities and purposes.

Because of the complexity of trusts, it's wise to meet with a qualified financial advisor to determine your best options, find answers to your questions, and establish the trust.

To learn more about trusts and how they may benefit you, we will be happy to help you consult a qualified estate planning attorney who can assist you with these issues.

To schedule a time to discuss your financial future for that abundant retirement you want and deserve, contact us via email or call us at 614.310.4519 today!

By contacting us, you may be offered information regarding the purchase of insurance and investment products.

Your investment advisor is not permitted to offer, and no statement contained herein shall constitute tax or legal advice. You should consult a legal or tax professional on any such matters.

All written content on this site is for information purposes only. Opinions expressed herein are solely those of ROSS WEALTH ADVISORS and our editorial staff. Material presented is believed to be from reliable sources; however, we make no representations as to its accuracy or completeness.
All information and ideas should be discussed in detail with your individual adviser prior to implementation. Fee-based financial planning and investment advisory services are offered by TOUNJIAN ADVISORY GROUP, LLC, a Registered Investment Advisor in the State of Florida. Insurance products and services are offered through ROSS WEALTH ADVISORS, and TOUNJIAN ADVISORY GROUP, LLC are unaffiliated companies. The presence of this web site shall in no way be construed or interpreted as a solicitation to sell or offer to sell investment advisory services to any residents of any State other than the State of Ohio or where otherwise legally permitted.

Do you have a real plan for generating sustainable retirement
income or are you just “winging” it?
Request your Complimentary Copy of

"The Retirement Playbook"

Lessons from Retirement All-Stars

We assist each client, their families and small business owners build, protect, preserve and understand their long term financial,estate and tax planning concerns.

*Guarantees provided by insurance products are backed by the claims paying ability of the issuing carrier.

The Social Security Decision Guide is provided for informational purposes only. It is not intended to provide tax or legal advice. By requesting this report you may be provided with information regarding the purchase of insurance and investment products in the future.