Coon Rapids Trusts Attorneys — 1 found

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  1. Coon Rapids Trusts Attorney William Francis Huefner

    Barna, Guzy Steffen, LTD handles a wide variety of matters. We have experienced attorneys who represent individuals and businesses in corporate transactions, banking, real estate,... more
    Licensed for 22 years - $325/hour
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Coon Rapids Trusts lawyers

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Coon Rapids, MN


A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.