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When Life Gets Legal SM

Your Estate: Do You Need A Trust?

November 2018


Many people believe that it is best to establish a revocable trust, also known as a living trust, in order to simplify their estate upon their passing. Although trusts can be extremely useful when used appropriately, establishing and funding a trust can be an expensive and time-consuming process. In addition, most estate plans do not require a trust for stated goals to be met. In order to determine whether a trust is right for you, it is first necessary to understand the difference between a will and a trust.

What a will does
Both wills and trusts are devices that you can use to provide for the distribution of your estate upon your death.

You may read more at the link below.

by: Gina M. Barry

November 2018

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