| The Law Office of Brian C. Been, PLLC 1861 East 15th Tulsa, OK 74104 Tel: 918.747.4600 Fax: 918.744.6300 Email Us |
| Trusts A trust is a legal entity that owns assets for the benefit of a third person, the beneficiary. A trust gives the trustee control over real and personal property with added legal protections from creditiors. A properly drafted and excuted trust can drastically reduce or eliminate costs associated with the complicated probate process after a persons death. As a result, assets are passed on relatively quickly, especially when compared with probate. There are many types of trusts you can set up. A short consultation can help you find out the best trust to set up for your situation. • Accumulation Trust • Bypass Trust (A-B Trust) • Dynasty Trust • Living Trust • QTIP Trust • Spendthrift Trust • Testamentary Trust • Totten Trust |
The Law Office of Brian C. Been, PLLC is licensed in Oklahoma and Arkansas
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