Trusts
There's no time like the present to plan for the future of your estate.
Facing one's mortality is never pleasant, which may explain why many people, regardless of age, procrastinate when it comes to preparing a will or living trust. You and your family have worked hard all your life to accumulate your savings and wealth. It must be protected during your lifetime, and thereafter. A properly drafted Estate Plan allows you to ensure that your assets are secure upon your passing. Unforeseeable disputes amongst your loved ones can, and should be, avoided with a properly drafted Estate Plan, where you have the control to decide the distribution of your assets.
The time and effort spent preparing for the future is the surest way to avoid costly litigation and the expensive and public probate system. In many cases, the most logical option is a living trust, a legal entity designed to hold and manage your assets, both during your lifetime and after your passing. While a trust may not be for everyone, it helps avoid the court-supervised process for establishing the validity of a will and transferring one's assets to beneficiaries.
Much like a will, a trust spells out how real estate, bank accounts and other financial holdings will be distributed, but in a more cost-effective and streamlined manner. However, there are several other factors to consider in determining whether or what type of trust or will best suits your needs.
Contact us today to discuss your Estate Planning needs:
Facing one's mortality is never pleasant, which may explain why many people, regardless of age, procrastinate when it comes to preparing a will or living trust. You and your family have worked hard all your life to accumulate your savings and wealth. It must be protected during your lifetime, and thereafter. A properly drafted Estate Plan allows you to ensure that your assets are secure upon your passing. Unforeseeable disputes amongst your loved ones can, and should be, avoided with a properly drafted Estate Plan, where you have the control to decide the distribution of your assets.
The time and effort spent preparing for the future is the surest way to avoid costly litigation and the expensive and public probate system. In many cases, the most logical option is a living trust, a legal entity designed to hold and manage your assets, both during your lifetime and after your passing. While a trust may not be for everyone, it helps avoid the court-supervised process for establishing the validity of a will and transferring one's assets to beneficiaries.
Much like a will, a trust spells out how real estate, bank accounts and other financial holdings will be distributed, but in a more cost-effective and streamlined manner. However, there are several other factors to consider in determining whether or what type of trust or will best suits your needs.
Contact us today to discuss your Estate Planning needs:
- Creation and Maintenance of Wills, Trusts, and Estate Plans.
- Living Trusts (Revocable and Irrevocable)
- Administration
- Special Needs Trusts
- Durable Powers of Attorney
- Undue Influence/Incapacity
- Elder Abuse
- Conservatorships
- Guardianships
- Litigation: Trust/Will Contests, Undue Influence Litigation, Elder Abuse, Conservatorships, and Guardianships.
