What are Wills and Trust?
We all do our best to prepare for the future. From purchasing insurance policies that protect our assets and health to investing for our retirement we routinely make decisions that will affect our future. But what about making sure your family is provided for in the event of your death? Few of us like to think about our end of days, but it is important to have your affairs in order to ensure that your loved ones are cared for and your assets are distributed or maintained in the way that you intend. There are two main vehicles for protecting your assets and providing for your loved ones after your death: wills and trusts. A trust enables you to create a separate legal entity to protect your property and assets from probate, taxes and public scrutiny. Trusts may be established while you are living or upon your death as set forth in your will. The type of trust you establish will determine how much control you have over the property that you place within it. An experienced lawyer can expl
