Top Prestonsburg Purpose Trust Lawyers Near You

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Bohm Wildish & Matsen, LLP

Purpose Trust Lawyer | Serving Prestonsburg, KY

Free Consultation

714-384-6500

Our Team Utilizes Extensive Knowledge of Trust And Estate Law With A Combined 100+ Years of Experience In Order To Realize The Most Favorable Outcome.

Prestonsburg Purpose Trust Information

Are You Considering Creating a Purpose Trust?

If you want to create a trust for the benefit of something and not someone, then creating a purpose trust may be a great option for you. A skilled Prestonsburg purpose trust lawyer will help achieve your general goals according to your desires.

Specific Steps Must Be Taken to Create a Purpose Trust

Not all states allow for a purpose trust, and there are specific requirements this type of trust in states that do allow it. A qualified attorney who is well versed in drafting trusts and knows the legal requirements of your state can help create a purpose trust, I if possible, and distribute your assets per your wishes.

When to Hire a Lawyer

It is in your best interest to get legal help early on in addressing your situation. There are times when hiring a lawyer quickly is critical to your case, such as if you are charged with a crime. It may also be in your best interest to have a lawyer review the fine print before signing legal documents. A lawyer can also help you get the compensation you deserve if you've suffered a serious injury. For issues where money or property is at stake, having a lawyer guide you through the complexities of the legal system can save you time, hassle, and possibly a lot of grief in the long run.

What to Expect from an Initial Consultation

  • Seek to determine whether the attorney can represent you. There is no one-size-fits-all legal solution and it may turn out your needs are better served by an attorney in a different specialization.
  • It's important to find a legal ally who is both competent in the law and someone you can trust to protect your interests.
  • Discuss how the practice's billing works and discuss possible additional charges or fees that may arise during or after the resolution of your case.

An attorney consultation should provide you with enough information so that you can make an informed decision on whether to proceed with legal help.

How will an attorney charge me?

A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

Depending on your specific legal situation, it's possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.

Common legal terms explained

Affidavit - A sworn written statement made under oath. An affidavit is meant to be a supporting document to the court assisting in the verification of certain facts. An affidavit may or may not require notarization.

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