What can a trust do for you and your family or charitable causes that you wish to support with your assets after death? Basically, a trust simplifies the transfer of your assets to your designated beneficiaries. Different types of trusts exist, but a living trust is a commonly used one. A living trust may allow a trustee to bypass probate court altogether, whereas a will requires any action taken with a deceased loved one’s property to be approved by a probate court.
Because probate can be arduous and stressful, many people choose to draft a living trust with help from an attorney. Beware the allure of do-it-yourself documents available on the internet. Prefabricated documents cannot take into account your unique circumstances and preferences. At The Law Office of Wickersham & Bowers in Daytona Beach, Florida, experienced attorneys are available to customize estate planning tools to your specific needs and wishes.
No matter what type of trust or other testamentary documents you choose to put in place, consulting with a legal professional may save you time and money and prevent complications.
Get Peace Of Mind With Careful Estate Planning
Whether you are planning your own will or dealing with the will of a loved one, consulting with a lawyer is the best way to prevent disputes and ensure that all business is handled legally. Wills and trusts are commonly confused, but it is important to understand the difference. Though they primarily serve the same purpose, a trust can streamline the process of transferring assets after a death.
Get An Attorney’s Advice And Assistance
Discuss your options with a dedicated Florida eminent domain lawyer at The Law Office of Wickersham & Bowers. Contact us online or by call 386-252-3000 to request a consultation about selecting and personalizing trusts for simplified future transfer of assets.