A Guide For Legacy with a Living Trust
You've likely heard of the terms " Will" and "Trust " from an Estate Planning perspective, but do you know their differences? In addition, do you know which plan will most effectively protect your assets and family? There are many Estate Planning options, and choosing the most appropriate route can feel overwhelming. It's a good thing that Trust & Will is here to assist you. Preparing for the coming future by making vital decisions is the most effective way to ease the burden on your loved ones when they require it most. Be aware that when you have created the Trust, it is also necessary to finance it by transferring assets into it, thus making it the Trust's owner. This makes Trusts somewhat more complicated to establish, but be aware that Trusts offer a significant advantage over Wills. A Will and a Living Trust Let's say you have both a Last Will and a Living Trust . This isn't a good idea because assets listed in the Last Will a...