Wills and trusts act as the foundation of any estate plan. You can have one or both, but if not executed properly, they become meaningless and vulnerable to challenges upon your death.
There are benefits to both. The important thing is making sure your will and trust are properly drafted and executed. At EstateGenius, we thoroughly review your assets and help you come up with a plan best for you and your heirs.
Trusts and wills are two very different instruments but still allow you to do many of the same things. Wills and trusts help you designate real property and help your estate avoid probate and much more, like leaving gifts (e.g., a car or jewelry), nominating a guardian for a child or pet, specifying final arrangements, and adding conditions on asset distribution.
When you die intestate, meaning you die without a will or trust, your estate goes through probate court. Accordingly, everything that was yours is now public information. If you want to maintain your privacy and, in many circumstances, shield your assets from creditors and lawsuits, an adequately designed and properly executed will or trust is critical.
Wills more so than trusts can be and should be updated as life circumstances change. Depending on the trust you have, changes may not be as easy. Going through an attorney who can walk you through the benefits of each instrument and how they align with your needs and wishes will facilitate the process.
Terminal illness may prevent you from deciding the best care. We devise living wills that allow you to make those decisions now so loved ones know the care you get is what you want.Learn More
A revocable trust offers many benefits to the beneficiaries and allows you to control what happens to your assets. We help draft and fund revocable trusts to meet your specific needs.Learn More
You won’t always be able to care for a special needs child or family member. We help you draft a special needs trust to make sure they will continue to get the care they deserve.Learn More
When you accrue wealth, you want to protect those assets from lawsuits, claims, and liabilities. We help create an asset protection plan best for your assets, you, and your family.Learn More
Estate planning allows you to protect your assets against taxes and probate. We will review your estate and advise you on a plan that secures optimal benefits now and in the future.Learn More
You may not always be able to make the best financial or health decisions, but a power of attorney empowers you to allow another person. We help you find the right power of attorney.Learn More
You may need to seek an adult guardianship for a formerly legally competent loved one, such as a disabled spouse or an elderly parent.Learn More
A conservatorship may be the best option to protect a senior citizen or other adult who has lost the ability to take care of himself or herself.Learn More
We offer the experience and skill you need to make sure your estate plan is well-structured and benefits you and your family.Get to know us