Attorneys for Wills and Trusts

A will is a legal document that outlines how you want your assets distributed after your death. You can also include the names of those you want to be Guardians for minor children, or who will manage your estate. If you have minor children, it is important to have a trust and a will. A trusts attorney can help you decide what is best for your interests. The lawyer will inform you about the process and provide an estimate of the fees.

Trusts and wills are legal documents that are essential for managing your assets. Having a plan for your finances and inheritances is vital for the future of your family. A simple will can be written by any lawyer, but a good trusts attorney should be considered for more complex cases. A will is not enough to make sure you leave all of your assets to your family, so you will need the help of a professional.

Your attorney can also help fund your trust. A trust will enable you to distribute your assets in ways that benefit your beneficiaries. For example, real estate must be deeded to the trust. Other assets such as bank accounts, stocks, and bonds should be retitled in the trust's name. Although you can add beneficiaries to a Will, assets that are not in your trust's name will be subject to probate.

A trust can save you a lot of hassle and money during the probate process. A trust can also save your beneficiaries time and energy, as they won't have to go through a costly process. The trust will also transfer your assets to you if your loved one dies. This way, the estate will be managed according to your wishes and intentions. It is important to discuss the best options for your family and to choose the right attorney.

It is important to think about the cost of the trust and will, but there are other factors to consider when choosing a trust or will. The cost of a trust or will can vary depending on its complexity and how long it takes to prepare. It is best to consult a lawyer who offers free consultations or low fees if you do not have a budget.

Wills and trusts are two types of documents. They are the first step in estate planning and outline the beneficiaries. A will is created when a person dies. The will directs that a representative of the family will administer the estate in accordance with the instructions. Wills are flexible and can be prepared in as little or as much detail as desired. They are crucial to your family's overall financial health.

Matus Law Group | Estate Planning Attorney and Special Needs Trust Lawyer | Trusts Law Firm - New York City

222 Broadway Fl 22, New York, NY 10038, United States

(929) 412 1808