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Do You Need A Trust For Your Estate Plan?

Most people think estate planning is about their death. But it’s really not. It’s about your control over your assets — control while you’re living, and control after your death. One of the most basic ways to gain control is through a simple will . But for people with more complex concerns, a trust can also come in handy for controlling your assets. Trusts aren’t for everybody, though. Trusts aren’t for everybody, though. While roughly 75% of our clients ask if they need a trust, less than half truly need one for what they are trying to accomplish. Often, a simple will can accomplish the same thing as a trust for much less than the typical legal cost of establishing a trust — a few thousand dollars. […]