Estate planning is a legal term which means a plan that a person has made, prior to death, which clearly and succinctly sets out how the person would like their assets distributed to their heirs and creditors upon their death. Estate planning usually comes in the form of a Will or a Trust. Speaking with…
Category: Wills & Trusts
Wills or Trusts?
When considering whether you need a will or a trust for your family, there are certain facts that you should consider. One important consideration as to whether a will or trust is appropriate is what you would like to happen to your estate upon your death. For instance, do you want to draft a simple will…
Utilizing a Living Trust
A Living Trust is a contract between you and your heirs in which you specify what you want done with your assets after your death. You can change the terms of the Trust at any time while you are alive and you will have complete control over your assets during your life. During your lifetime,…