A revocable living trust is a great estate planning tool and can help you and your family maintain your privacy, plan for your incompetency, plan for specific family situations, and make your estate easy to administer after your death.
This is the cheapest option in estate planning because you only have to pay a lawyer once to set up the trust versus paying a lawyer twice, once to draft a Will and then again to administer your estate after you die. Also, a trust is a must-have when planning for young children or when planning older children, if you want to provide for them after they reach 18 years old. A trust offers quite a few advantages over a simple Will and can be specifically tailored to fit your individual needs. Contact us to speak to a caring attorney who can discuss your needs with you and help you develop and implement a plan that’s right for you and your family.