One of the first questions clients ask me during initial consultations is “Trust Agreement or Will”?

As with most things, the answer is “it depends.”

A Will is generally used for smaller and/or less complicated estates and/or to name a Guardian for one’s minor children. 

Trusts are used when the goal is to accomplish something more than just distributing one’s assets upon death and naming a Guardian.

These objectives include avoiding probate, maintaining one’s financial privacy even at death, shielding one’s assets from creditors, avoiding estate taxes, and/or preserving access to current or future government assistance.

The only way to know for sure which is most appropriate for you is to meet with a qualified estate planning attorney who can evaluate your financial, family, and business situation. After this evaluation, he or she can recommend and design the best estate planning solution for you.

Kindly schedule your no-cost initial consultation today.