Trustee Services

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LaVelle & LaVelle can act as trustee or co-trustee for your family’s trust. And when we do, your family has the benefit of our legal expertise, investment experience, and administrative services.

What are the benefits of a trust?

  • Trusts allow you to provide for your family long into the future.
  • Reduce taxes on your estate.
  • Set up charitable gifts.
  • Maintain assets for family enjoyment.
  • Protect your wealth from creditors.

We make investments for our clients using well-analyzed entity structures that optimize our client’s future flexibility while protecting the remainder of the trust from risks.

Your Children’s True Happiness and Stability

An overlooked but crucial aspect to the success of estate planning is the well-being and independence of the beneficiaries. We take great care in getting to know our beneficiaries in order to assist them in pursuing their talents and happiness. From experience, we know that a beneficiary must be grounded and find fulfillment by his or her own actions in order to receive an inheritance or trust benefits for their betterment. To set up your beneficiaries for success, we can provide specific trust terms that encourage beneficiaries’ positive actions.

Active Investment

You have worked hard and made real sacrifices to achieve success. Because of your dedication, you have assets that can benefit not only yourself, but also your heirs. We protect those assets with careful attention to detail, and we seek out investments that provide opportunity for income streams and long-term returns that are appropriate for the size of your trust and your risk tolerance.

Safety Net

Depending on your circumstances, you may benefit from a financial safety net. Some clients are vulnerable to loss of wealth. Despite whether you have $5 million or $500 million, you could overspend, poorly invest, or give too generously. To the extent we are your trustee, we will guard against that and prevent overspending and limit investment risk. If you have a particular vulnerability to overspend the trust assets, the safety net we build specifically for you will catch you.

Professional Athlete Services

Loss of wealth is a common – and natural – phenomenon for professional athletes. Why is it natural? Because an NBA star has been practicing basketball and an NFL star has been playing football, to the exclusion of other jobs and experiences, his entire life. That sport has been his focus day in and day out since childhood. And, due to his dedication and hard work, he has achieved the nearly impossible dream of becoming a professional athlete. At age 22, we cannot expect that athlete to come to a professional league with business experience. He has had no opportunity to develop those skills.

That’s where we come in. We can’t score touchdowns in playoff games (or regular season games for that matter) but we can guide athletes to understand what they can –and cannot – afford, where to spend money, and how to be smart about how they spend it. You want a fabulous pro athlete home and fast car? We show you how to save significant money by buying this one and not that one, how to title it, and perhaps how to make it pay for itself.

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