04/03/2024
Wills vs Trusts
Most middle-income Americans benefit from a good standard Will. Trusts are reserved for unique cases like families who wish to make provisions for a special needs child or for instances when the decedent’s assets include a business, extensive real estate or big-ticket property items, or detailed instructions for trustees. The more complex the assets or numerous the heirs, the more likely trust will better serve needs.
A qualified lawyer can guide this decision appropriately. It’s important to make a choice as soon as possible to keep the forward momentum going. Some people fail to follow through by signing the documents and getting witness signatures while others neglect to transfer assets (title) into their trust. Both lapses result in an invalid Will or Trust documents, rendering them worthless under the law.
For more information please visit the link below:
http://jeanettehazelwood.wearelegalshield.com
Let us help you ease the burden on your family and friends by planning ahead. We can assist you in preplanning Your "End of Life's" journey your way!
