We all die. And as difficult as this is on our families, some people make it even more difficult by leaving a financial mess behind. One of the largest messes is when we force our heirs to go through probate. By simply making out a will, we force our heirs at our death to hire an attorney, involve the courts and wait 6 months to a year in order to settle our estate. Why do people do this to their family when by having a living trust, their estate can be settles in one day?
In most cases, the reason is ignorance. Some people have no idea what happens and how timely and involved an estate settlement is when only a will is left. In other cases, the issue is procrastination. "I'll get around to having a trust made when....." Unfortunately, that someday never comes.
A trust is simply a replacement for a will that avoids the probate process. It keeps your affairs private (your will becomes a public document after you die—do you want your neighbors to know your business?) and allows your heirs to settle your estate quickly and without the involvement of outsiders.
Each person gets a choice how to organize their affairs. If you want to keep your financial affairs orderly for yourself and your loved ones, we can help you get a living trust made. To learn more, simply call for a free appointment.