At Foley Freeman, PLLC, our Meridian trust attorney is committed to helping people and families find the right solution for their specific situation. If you have any questions or concerns about the use of a trust as part of an estate plan, we can help. Call us at our Meridian law office or contact us directly online to arrange your confidential consultation with a top Idaho estate planning lawyer. 

We Handle the Full Range of Trusts in Meridian, Idaho

Foley Freeman, PLLC, is a boutique law firm that handles estate planning matters in Meridian and throughout the surrounding region. A trust is an estate planning tool that can potentially be an effective way to protect assets and transfer property. We help people and families with all types of trusts. Our Meridian estate planning lawyers have experience with: 

  • Revocable Living Trust: A revocable living trust allows you to retain control of your assets during life while avoiding probate at death. You can modify or revoke it at any time. However, it does not offer effective asset protection. 
  • Irrevocable Trusts: An irrevocable trust cannot be altered once established, offering strong protection against creditors and potential estate tax advantages. These trusts remove assets from your taxable estate and can preserve wealth across generations.  However, they cannot be easily changed. It is difficult or even impossible to revise them. 
  • Special Needs Trusts: A special needs trust protects eligibility for government benefits such as SSI or Medicaid while providing supplemental care. It must comply with 42 U.S.C. § 1396p(d)(4) and Idaho’s state-based Medicaid regulations. 
  • Charitable Trusts: A charitable trust supports one or more qualified nonprofit organizations while offering income or estate tax deductions. These include charitable remainder trusts and charitable lead trusts. 

How Our Meridian Trust Planning Lawyer Can Help

Considering setting up a trust as part of your estate plan? The team at Foley Freeman, PLLC can help. We are proud to be leaders in estate planning law. We encourage you to learn more about the firm and contact us directly with specific questions. We are proactive and solutions-focused. Along with other things, our Meridian trust planning lawyer is prepared to: 

  • Hear your story and answer questions about your rights; 
  • Gather and organize all supporting financial documents and records; and
  • Set up a trust that best protects your rights and achieves your goals. 

Trusts in Idaho: Frequently Asked Questions (FAQs)

Do trusts in Idaho need to be registered with the state?

No. Or at least not in most cases. Private trusts are not publicly recorded. However, trustees may be required to provide notice to beneficiaries under Idaho law. Further, if the trust owns real estate, the records with the county registrar generally need to be updated. 

What duties does a trustee owe under Idaho law?

Trustees must act in good faith, exercise reasonable care, and act solely in the interest of beneficiaries. A breach of fiduciary duty by a trustee can lead to their removal and potentially even facing legal liability. 

Contact Our Meridian, ID Trust Attorney

At Foley Freeman, PLLC, our Meridian estate planning attorney for trusts is standing by, ready to help. Have questions about any type of trust? We are here as an estate planning resource. Contact us right away for your strictly confidential, no obligation initial consultation. From our Meridian law office, we help clients with trusts throughout the region in Southern Idaho.