On Solid Ground To Build An Estate Plan Including Wills And Trusts
Wills, trusts and other estate planning documents can help you prepare for the future and provide peace of mind. However, many people may not know the benefits that each of these documents provides.
At E.J. Boswell Law Office, I help clients in central Georgia explore their options for estate planning documents. With a wealth of experience, I create a comprehensive plan that reflects their wishes for their estate.
What Is The Difference Between A Will And A Trust?
A will outlines who you would like to manage your property after your death and how you would like them to handle those assets. This includes naming loved ones to receive your property and outlining specific possessions that should pass to each person. Your will can also name a guardian for your underage child.
A trust, on the other hand, is a legal arrangement that allows you to transfer ownership of certain assets to the trust itself. This document provides instructions for distributing your assets while also protecting them from the probate process and providing other benefits. Trusts can also help you support loved ones with special needs while maintaining their access to benefits.
Wills and trusts can be key parts of a comprehensive estate plan alongside other documents like powers of attorney. I can assist you with building your plan, working to understand your needs and crafting documents that ensure that your wishes for your estate are clearly understood.