Living Trust/Will
Living Trust/Will
A trust estate package can offer several benefits for your loved ones after you pass away, or even if you become incapacitated. Here are some key reasons why you might consider one:
Avoids probate: Probate is a court process that can be time-consuming and expensive. Assets in a trust generally avoid probate, saving your beneficiaries time and money.
Controls distribution of assets: With a trust, you can specify exactly how you want your assets distributed, and when. This can be helpful if you have minor children, or want to ensure certain assets go to specific beneficiaries.
Provides for incapacity: A trust can also name a successor trustee who can manage your assets if you become incapacitated. This can give you peace of mind knowing your affairs will be handled according to your wishes.