Estate planning is an unfortunate necessity. The last thing you want to think about is leaving your loved ones, but failure to plan before your death will leave them to deal with the pain and hassle of probate court.
This guide is designed to walk you through the process of planning a living trust, including:
While a will ensures that your assets are distributed according to your wishes and specifies how you desire your affairs to be managed after you’re gone, a trust goes one step further. It will ensure that your plans are carried out in privacy and it reduces the costs related to settling your affairs.
A trust can also help your loved ones circumvent the need to go through the county probate court process, which exposes your personal business to the public— at a not-insignificant expense.
How do you create a trust? This guide will share with you:
This guide, Protect Your Family… Streamline Transfer of Assets, will help you understand how creating a living trust can help you ensure that your family gets the full worth of your assets as well as enables them to avoid the hassle and invasion of privacy associated with the probate process. From the basic definition of a trust to what you can expect when you meet with an attorney to create a trust, you’ll be prepared to take the necessary steps to make sure that your family will undergo minimal stress upon your passing.
The information within is simple and easy to follow, and an excellent reference for anyone with questions about the importance of a trust.