Grantor of Trust in Mesa, AZ

Along with wills, trusts are an essential aspect of the estate planning process. There are three major roles involved in trust creation, including:

Grantor – The person responsible for creating the trust
Trustee – The person who manages the trust (can be the grantor in some cases)
Beneficiaries/Grantees – The people who will inherit the assets within the trust

When it comes to trust creation in Mesa, AZ, you can rely on our team of attorneys at Walk-In Wills. Along with helping clients make decisions that are in their best interest, we can also provide information on estate planning tools like trusts and how they work.

Types of Trusts

Trusts come in many forms and serve many distinct functions. A few common types of trusts include:

Revocable and irrevocable trusts
Spendthrift trusts
Special needs trusts
Charitable trusts
Living trusts

Each option offers its own unique set of benefits. For example, a revocable trust can be changed during your lifetime for more control over assets placed within the trust. On the other hand, an irrevocable trust cannot be easily changed, but it does offer benefits when it comes to tax and creditor protection.

How to Determine Whether a Trust Is Right for You

Not everyone needs to include a trust in their estate plans. However, trusts make sense if you’d like to accomplish any of the following:

You want more control over how your assets are distributed to heirs
You want the details of your estate to remain private
You don’t want assets to go through the probate process
You want to protect heirs from creditors or minimize the impact of taxes

If you’re still not sure whether trust creation is right for you, an attorney can answer your questions and provide the proper guidance.

Frequently Asked Questions

1. What does it mean to be a trust grantor, and how does Walk‑In Wills help me with that?

Being a trust grantor means you’re the person who creates the trust and places your assets into it so they’re managed according to your wishes. At Walk‑In Wills, the attorneys take time to explain what this role involves, help you decide which assets to include, and prepare the paperwork so your trust reflects your goals under Arizona law.

2. How does Walk‑In Wills guide the process of funding a trust once I become a grantor?

After drafting the trust document, the next important step is funding it — transferring property and accounts into the trust’s name. Walk‑In Wills helps you understand this process, what needs to be retitled, and how to do it properly so the trust works as intended when it’s needed.

3. Can I change my trust later if my circumstances change?

Many trusts (especially revocable ones) can be updated if your life changes — like marriage, new children, or shifts in your financial situation. Walk‑In Wills can review your trust, explain what changes are possible under Arizona law, and help you revise it so it continues to match your current goals.

4. What does it cost to create a grantor trust in Mesa?

Grantor trust costs vary based on the trust type and complexity of your estate. Walk-In Wills provides transparent pricing and discusses fees during your consultation so you understand the investment required.

5. How do I hire a trust attorney in Mesa to help me become a grantor?

Contact Walk-In Wills to schedule a consultation. Their attorneys will explain what being a grantor involves, help you choose the right trust structure, and guide you through creating and funding your trust under Arizona law.

Steps to Take to Create a Trust

If you believe a trust can benefit your estate – and your heirs – now is the time to call our attorneys at Walk-In Wills. With more than two decades of experience behind us, we can address even complex estate issues. We can also help with will creation, Medicaid planning, and so much more.