Trust Attorney in Germantown, TN

Leave A Legacy

Protect What You’ve Worked Hard to Build

Planning for the future ensures your loved ones are cared for and your wishes are honored. A trust offers a clear and effective way to protect your assets, reduce court involvement, and give your family the peace of mind they deserve.

Avoid Delays and Disputes After You’re Gone

Without a plan, decisions about your estate may be left to judges unfamiliar with your family or values. This can lead to delays, unnecessary legal fees, and disputes during an already difficult time. By creating a trust, you streamline the process, protect your loved ones, and ensure your intentions are followed exactly as you envisioned.

Choose the Right Trust Before It’s Too Late

Revocable Living Trusts

These trusts can be changed or updated during your lifetime. They let you manage assets while alive and designate who handles them if you become incapacitated or after you pass away.

Irrevocable Trusts

Once created, these trusts can’t easily be changed, which can provide stronger asset protection and tax benefits. They’re often used to safeguard wealth or qualify for certain government programs.

Living Trusts

Living trusts include both revocable and irrevocable trusts, but take effect during your lifetime and can simplify the transition of your assets without court involvement.

With the right trust strategy, you protect your family, preserve privacy, and reduce stress—making it clear who receives what, when, and how.

The 3 Steps to Setting Up Your Trust

Step 1: Schedule a Consultation

Meet with our seasoned trust attorney to discuss your goals, assets, and the best type of trust for your situation.

Step 2: Draft a Customized Trust

We’ll create a legally compliant trust personalized to your needs, whether revocable, irrevocable, or living, reflecting your wishes and priorities.

Step 3: Sign with Confidence

Finalize your trust and gain security knowing your assets are protected and your family’s future is stable.

What our clients say

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- Travis Rogers

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Mr. Waldrop & his staff were very friendly, prompt, & explained everything in detail to our family throughout our estate planning process. I would recommend his firm to anyone!

- Jessica Cannon-Macklin

Common Questions About Trusts

What is the difference between a revocable and irrevocable trust?

A revocable trust can be changed or updated while you are alive. It allows you to maintain control over assets and adjust the trust as your circumstances or wishes change. An irrevocable trust, once created, cannot easily be altered, but it provides stronger protection from creditors, potential tax benefits, and can help qualify for certain government programs.

Why should I create a trust instead of just a will?

While a will outlines how your estate is distributed, assets in a will typically go through probate, which can be time-consuming, public, and costly. A trust allows for private, efficient distribution, often avoiding probate altogether and reducing delays for your heirs.

Who should be named as a trustee or successor trustee?

Your trustee should be someone trustworthy, organized, and capable of managing financial and legal responsibilities. A successor trustee is prepared to step in if you become incapacitated or pass away, ensuring your family and assets are protected.

Can I change my trust after it’s created?

Yes—if it’s a revocable trust, you can modify terms, update beneficiaries, or adjust asset distributions at any time. Irrevocable trusts generally cannot be changed, so careful planning is essential before establishing one.

How often should a trust be reviewed?

Life changes—marriage, children, business ventures, or new laws—can affect your trust. Regular reviews and updates ensure your trust continues to align with your wishes and remains legally compliant.

How to Fund Your Trust

Creating a trust is only the first step—funding it correctly is essential for it to work as intended.

Funding means transferring ownership of your assets—such as bank accounts, investments, real estate, or other property—into the trust. If assets aren’t properly moved, your trust may not protect them, potentially causing delays, probate involvement, or confusion for your family.

We guide you through each step of the process, ensuring every account and property is included so your plan functions seamlessly.

How We Come Into Play

Our attorney, David M. Waldrop, has practiced law since 1988 and knows the stakes of estate planning. He guides you through trusts with clear explanations, showing your options and likely outcomes so you can make informed decisions. With experience, care, and practical advice, we help you protect your family’s future and preserve your assets.

The Right Attorney Makes All The Difference

Even a simple trust can become complicated without proper guidance. David M. Waldrop brings decades of experience to help you avoid common pitfalls, ensure compliance, and protect your legacy. We combine knowledgeable advice with legal expertise so your trust works exactly as you intend. Reach out to us today to get started!