Minnesota Trusts Attorneys
- Award-Winning Law Firm
- State & Federal Court Experience
- Experienced MN Litigators
- Serving Minnesota Since 2003
Minnesota Trusts Attorneys
Every family is different, and the right estate plan should reflect that.
A trust can provide flexibility, support the people you care about, and give you greater control over how your assets are managed and distributed. Whether you're planning for young children, providing for a loved one with unique needs, protecting family assets, or simply looking for greater control over your estate, Burns & Hansen helps you determine whether a trust is the right fit for your goals.
Why Burns & Hansen for Trusts
When you work with Burns & Hansen, you benefit from:
- Attorneys who take the time to understand your family, your goals, and what you want your estate plan to accomplish.
- Straightforward advice on whether a trust fits your circumstances and estate planning goals.
- Carefully drafted trusts designed to work with the rest of your estate plan.
- Advice that considers both your current circumstances and the interests of your family and beneficiaries.
- Experience helping clients address business ownership, real estate, family dynamics, and other considerations that often shape trust planning.
- Broader family law capabilities when marriage, divorce, or another change in family circumstances creates related legal needs.
- Direct access to experienced estate planning attorneys throughout the process.
Common Situations We Can Help With
You may benefit from a trust if you're trying to:
- Avoid or simplify the probate process.
- Provide for minor children or loved ones with special needs.
- Protect family assets for future generations.
- Maintain greater control over how and when assets are distributed.
- Plan for business interests or significant real estate holdings.
- Update an existing trust after marriage, divorce, the birth of a child, or another major life change.
- Coordinate your trust with your will and other estate planning documents.
- Create a comprehensive estate plan tailored to your family's needs.
- Address another trust or estate planning matter, or aren't sure whether your situation fits one of these categories. Contact Burns & Hansen to discuss your situation with an attorney.
Frequently Asked Questions about Minnesota Trusts
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What is a trust?
A trust is a legal arrangement for holding and managing assets for designated beneficiaries according to its terms. Trusts can serve different purposes depending on your assets, family circumstances, and estate planning goals.
Does everyone need a trust?
No. A trust is a valuable planning tool for many people, but it isn't necessary for every estate. The right approach depends on your assets, your family, and your long-term goals.
What's the difference between a will and a trust?
A will directs how your assets should be distributed after your death and generally goes through probate. A trust can manage assets during your lifetime and after your death and may help simplify or avoid certain probate proceedings, depending on your circumstances.
Will a trust help my family avoid probate?
In many situations, assets properly titled in a trust can pass outside of probate. Whether that applies depends on the type of trust and how your assets are owned.
Can a trust protect assets for my children or grandchildren?
Yes. Trusts can be designed to provide for beneficiaries over time, establish conditions for distributions, and preserve assets for children, grandchildren, or future generations.
Can I change or revoke a trust?
Many trusts, including most revocable living trusts, can be modified or revoked during your lifetime as your circumstances or wishes change. Other types of trusts may be irrevocable.
Should I review my trust after a marriage or divorce?
A significant change in your family may affect whom you want to benefit, who has authority under your estate plan, and how you want assets handled. Reviewing an existing trust alongside your other estate planning documents can help determine whether changes are appropriate.
Can Burns & Hansen help update an existing trust?
Yes. We regularly review and update trusts to reflect changes in family circumstances, financial situations, or estate planning goals.
Speak With a Minnesota Trusts Attorney
Whether you're considering a trust as part of a new estate plan or reviewing an existing one, we're here to help you understand your options and make informed decisions.
Contact Burns & Hansen to discuss how a trust may fit into your broader estate planning goals.
