Many families avoid planning for their estate because they do not know where to start and are unsure what documents are needed when planning their estate. We are often asked by clients if they need a will or a trust to plan their estate. While there are many options to consider when planning, through counseling and learning about the client’s goals, we can help them select the correct documents to pass their wealth to loved ones.
While a will is necessary to select guardians for minor children, revocable living trusts are typically used by individuals that want to have a more efficient transfer of property to loved ones. Revocable living trusts often contain:
- Instructions for distributing specific assets to designated individuals or charity
- Trustee instructions for your care during any period of disability
- Creation of trusts for minor children, adult children, and surviving spouse
- Tax planning for retirement assets, real estate and investment accounts
My goal is to help you plan your estate and protect your family. Contact me today to learn how affordable this process is.