Estate planning enables a person to control what happens to his or her assets at the end of his or her life. A will is the most basic estate-planning tool and is used to direct the distribution of the decedent’s estate. Other tools, such as trusts, may be useful, depending on the size of the person’s estate and whether there are dependent or disabled loved ones in the picture. Depending on your goals, your estate plan may allow your estate to avoid probate entirely. Do not leave these important issues to chance by allowing the State to decide what happens.
Wills and Trusts are both planning documents used to pass on your assets after death. Depending on your circumstances, a trust might be more beneficial for your situation.
The following are some reasons why Trusts are an excellent way to pass on your estate:
If you want to know more about if a trust is right for you, contact our office. Landon A Dunn, Attorney at Law can help you!
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