Preparing For The Future Is Crucial
While thinking about life after death can be scary, it is also necessary. Without a proper estate plan in place, your loved ones will be forced to make difficult decisions on your behalf. The attorneys at Dull & Heany, LLC, have over 30 years of experience helping clients throughout Missouri. After assessing your situation, we can tailor a solution to your unique needs.
Wills Vs. Trusts: Understanding Your Options
Wills and trusts are useful tools meant to protect your assets. While some people include heartfelt sentiments in their will, it also has a bigger purpose. The main goal is to list out how you want your property distributed. In doing so, you create clear guidelines for remaining family members. They range from simple, one-page documents to elaborately listed plans. It is all done in a way that is most comfortable for you.
A trust can be used in conjunction with a will. There are many different types of trusts available, and there are pros and cons to each. Our attorneys can explain the options and determine which will work best for you. A trust’s purpose is to ensure a smooth transition of your affairs. It can avoid certain tax burdens, as well. Having an attorney who understands the law is of the utmost importance. Since they are not “one-size-fits-all” types of documents, you need personalized guidance when exploring them.
Missouri has also enacted the Missouri Non-Probate Transfer Law, which our attorneys often utilize to help a client pass their assets on their death to their loved ones outside of probate. These devices can save the time and expense of going through probate.
Don’t Wait – Call Today
We understand how difficult it can be to make these decisions. Our knowledgeable estate planning attorneys can walk you through the process and answer any questions you may have. Call our office in Clinton at 866-977-1075 to schedule a free initial consultation. You can also email us.