Estate Planning
It can be difficult and trying to think about what happens after one is gone, but one really lives on through friends and loved ones. Facing this situation and putting a plan in place is actually one of the best ways to conquer our fear of it, so one does not have to think about what is next, secure in the knowledge that the people we love will receive what we want for them.
There are different avenues to take when planning one’s estate, each with its own special characteristics, benefits, and drawbacks. Choosing the right one for your situation can seem daunting, but that is where a knowledgeable partner comes in handy. From choosing the right instrument and preparing it, to the actual probate of wills and distribution of property, I can help you make sure that your loved ones are protected.
Trusts
Trusts are an alternative, sometimes called a “will substitute” that have become increasingly popular in recent years, notably because they can allow one’s estate to circumvent the probate process. This means more efficient and speedy distribution of assets to loved ones. Trusts can also be used to have one’s assets and affairs managed while one is still alive, such as in the case of a serious illness or disability.
While trusts can be more complicated than wills, they are also more versatile and carry other benefits. Setting up and administering trusts are both areas where it is a good idea to have a lawyer on your side.