Trust Law

Our legacy is defined by what we leave behind and who we leave it to. If estate planning is the art of crafting that legacy, trusts are the brushes, palette, and paints that give you the broadest range of possible plans.

From business owners and hardworking professionals to relatives of those with special needs, trusts offer tailored solutions for legacy building and asset protection. And your estate planning attorney is the artist who puts it all together for you.

In Mississippi, families like yours have turned to attorney Joseph Kelly for trust guidance and estate planning advice. Read on to find out why and to get started on your own legacy today.

Want To Protect Assets For The Next Generation Without Enduring Probate?

There is nothing more natural than wanting to protect what you have built over the years for those you love. But doing so is not always as simple or straightforward as we would like. Because upon your death, taxes can eat away at the wealth you have struggled all your life to accumulate, while your family ends up paying the costs of conflict or confusion during the all-too-public probate process.

Trusts cut through that red tape and bypass Mississippi probate entirely, offering you a path to protect your legacy and secure your loved ones' future without dragging everyone through the probate process.

What Are Trusts? What Are They Used For In Mississippi Estate Planning?

A trust is a distinct legal entity into whose ownership you transfer your assets. You also help choose the rules under which it operates and the person (trustee) who handles the assets and their distribution. There are many different kinds of trusts used by Mississippi families for estate planning or asset protection:

• Revocable Living Trusts: Flexible trusts that are easy to move assets into or out of as needed.
• Irrevocable Trusts: Rigid trusts that are tough to move assets out of, but offer considerable protections.
• Special Needs Trusts: Carefully constructed trusts designed to provide for loved ones on government benefits without undermining their access to public funds.
• Generational Trusts: Elaborate trusts for passing on wealth through multiple generations while minimizing tax losses and vulnerabilities.

These are only some examples of both common and specialized trusts out there; choosing the right trust for your estate plan is one of the many reasons you need an experienced estate planning attorney when crafting your legacy.

Joseph Kelly: Your Mississippi Trust Law Attorney

With over 30 years of estate planning experience, attorney Joseph Kelly has helped Mississippi families of all income levels and professions build effective, durable legacies. He offers personalized estate planning services, tailoring tools such as trusts to your goals and circumstances.

His decades in trust law and trust administration, combined with his friendly and accessible approach, make him ideally positioned to make estate planning accessible and simple for everyone. He helps transform what many Mississippi families see as a complex or inaccessible process into an empowering and simple tool for providing for the people you love.

By offering free consultations and affordable costs based only on the tools you decide you need, Joseph Kelly puts estate planning tools like trusts, often considered to be reserved for the rich, into the hands of everyday homeowners, business entrepreneurs and families just like yours.

Secure Your Family's Future And Your Legacy By Calling Today

Families in Mississippi are famous for their hospitality and generosity. Caring for our loved ones is second nature here, but too few families take advantage of the full range of estate planning tools available to protect their loved ones after death, especially trusts.

Here at the Joseph Kelly Attorney at Law, we are committed to simplifying the estate planning process from start to finish, so that you can make the right choices for your legacy and loved ones, whether that ends up involving a trust or not.

It is never too early to work on your estate plan, but it can tragically become too late at any moment. Whether you are in Hancock County, Harrison County or anywhere else in the state, call (228) 467-3400 today and schedule that free consultation with trusted Mississippi estate planning lawyer Joseph Kelly.

FAQ Answering Some Of Your Questions About Trusts In Mississippi:

How Long Does It Take To Set Up A Trust With Joseph Kelly?

While drafting and funding a trust takes more time than drafting a simple will, the process usually takes a few weeks or months at most, unless you opt for a particularly complex or sophisticated trust.

How Much Does It Cost To Set Up A Trust In Mississippi?

No two trusts are identical, and costs reflect the complexity of your assets and project. Joseph Kelly provides estate planning services whose costs are within reach of those who need them, and more information about specific costs and prices can be requested during your free consultation once he has a better idea of what your goals are.

Does A Trust Simplify Or Complicate Passing On Assets?

By bypassing the probate process, Trusts can make transferring wealth to future generations easier and more efficient. They also offer a greater degree of personal control for when, how, and under what conditions the funds you leave behind can be accessed and used than a will and testament.