Morris Hall, PLLC

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Qualified Trusts

Qualified Trusts - What They Are And How They Help You Qualified trusts are a specific type of trust which, like most trusts, are utilized for the protection of assets. Qualified trusts are revocable living trusts designed to protect retirement funds while facilitating the distribution of retirement assets held within IRAs, 401(k) accounts, 403(b) accounts, and Self-Employed IRAs (SEPs).

Certain retirement accounts, including those listed above, are considered qualified accounts. These accounts receive tax breaks and special protections under the law, including protection from being lost to creditors. However, unless a qualified trust is created, the protection of the assets held within these qualified retirement accounts, as well as the favorable tax treatment of assets, ends upon the death of the account holder. A qualified trust can ensure the protections extended to these accounts under the law do not end when the accountholder’s life ends.

At the law firm of Morris Hall, PLLC, our attorneys are uniquely qualified to help clients in both Arizona with the creation of a qualified trust. Many trusts do not fit the guidelines to be considered a qualified trust, and some law firms providing assistance with trust creation are not familiar with the complex tax rules and other requirements associated with this trust type. Our firm can help you to take advantage of the significant advantages a qualified trust provides.

MH attorneys will advise you on how a qualified trust can protect a beneficiary from many potential sources of loss, including creditor claims, losses due to incapacity, and divorce. We can also help you to create and fund your trust, as well as to explore other types of trusts that could provide you with legacy planning advantages. Our firm’s knowledge in this complex area of trust law is unparalleled.

Contact Morris Hall About Qualified Trusts

Morris Hall has offices in convenient locations in Phoenix, Tucson, and other areas in both Arizona. Call today to schedule a consultation and find out more about how qualified trusts work and how our firm can make the process of creating and funding a qualified trust a simple

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Main Office

7600 N 16th St, Ste 105

Phoenix, AZ 85020

Phone: 602-249-1328

Fax: 602-248-2887

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Our law firm proudly serves many areas in Arizona. See all of our locations here.

Our law firm proudly serves the state of Arizona.  See all of our locations here.

Toll Free: 888-222-1328

Mon-Thur: 8:00am – 5:00pm
Fri: 8:00am – 4:00pm

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Need an Estate Planning Lawyer in Arizona?

Looking for an estate planning attorney near you? We have office locations in Phoenix, Mesa, Chandler, Scottsdale, West Valley, Carefree, Prescott, Sedona, Flagstaff, Tucson, and Oro Valley in Arizona so please visit us at the location that is closest to you.

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