Wills & Trusts
What if you were to pass away or become ill unexpectedly? What would happen to you? What about your loved ones, your pets, your money, your property and everything else you care about? While this is not a topic people like to talk about, it is even more scary to know what will happen if you haven’t planned in advance.
You have probably been told by someone that you should have an estate plan in place. You may have decided that it is time to put together a Will or a Trust, but you may not understand the difference between the two and what is appropriate for your unique circumstances.
The good news is that you don’t have to do this planning on your own. Our goal is to help you understand the important differences between a will and a trust and to educate the importance of proper estate planning.
An important difference between a will and trust is that a will does not avoid probate, while one of the benefits of a revocable living trust is that, when done correctly and maintained over time, it will help your family avoid the cost and delay of probate and minimize or eliminate estate taxes.
Even if you have a will and document all of your wishes in the will, your estate will end up in probate after your death and, in most cases, having a will guarantees probate, unlike a trust.
Estate planning is about planning for every stage of life as well as planning for the inevitable. Estate planning keeps you in control and gives you the peace of mind knowing you have a plan in place for the future. Our goal is to educate and empower you to make a decision that is best for you and your family and then put together an estate plan that complies with your goals and objectives. We will consider your current state of affairs and determine next steps to ensure that your estate is designed the way you want it to be based on the level of planning you choose.
Please contact us to discuss your specific situation.