A trust lets you nominate a third party—a trustee in legal terms—to hold assets on your beneficiaries’ behalf. An estate planning instrument, a trust specifies precisely when and how to distribute assets to your beneficiaries. Because trusts do not go through probate,...
Month: June 2024
When is the right time to draft an estate plan?
Most people understand the idea that an estate plan is an important form of legal protection. They know if they die or have some personal emergency, the documents they create can be a crucial form of support. Despite the importance of an estate plan, quite a few...
