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A will ensures that your wishes regarding assets, guardians for your children and other final requests are carried out upon your death. Trusts are another estate planning tool that helps manage assets before and after death. A trust transfers the administration of your property to another person or institution, known as the trustee, who manages and distributes the assets for the person you designate as the beneficiary.
Most attorneys will tell you that everyone should have a will. That's not necessarily true. Wills and trusts aren't for everyone. As an experienced estate planning attorney, I can assess your assets and goals and help draft all appropriate documents to achieve those goals. Wills are particularly important for parents of minor children, so that guardians can be appointed to care for the children upon the parents' death.
When you do have a will or trusts, the documents should be reviewed every two or three years because tax and estate laws are continually changing. A thorough review will ensure your assets are distributed as you wish, and will help protect your beneficiaries from unnecessary taxes.
Don't make the mistake of hiring someone inexperienced to safeguard your estate and final wishes. I keep tabs on ever-changing estate and tax laws and have significant experience drafting wills and creating revocable and irrevocable trusts that will achieve your wishes.
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