Trusts

Living Will and Trusts for the Future

Submitted by myersdavis on Thu, 04/16/2020 - 03:02 pm

Many people believe a will or a trust are only for the wealthy.  This could not be further from the truth.  A last will involves a distribution of your estate in which the court reviews and charges probate, which can be time-consuming and expensive.  A living trust avoids the probate process if you transfer funds and homes into the trust, prior to your passing.  Building a living trust can be time-consuming at first, but makes the process for your loved ones much easier.  It is a much better plan to take the hardship of planning for your family’s future then to allow mista