Your Assets, Your Loved Ones, Your Will
Planning for the future means giving your loved ones certainty about the future after you are gone. Without a will or trust, your assets, finances and all you have worked for may not pass directly to your loved ones the way that you want.
In order to ensure that your last wishes are fulfilled and your assets protected, contact John H. Anlian, Attorney at Law, to learn more about your options. Attorney Anlian has provided guidance in will and trust law for over 40 years. He is recognized in the community for his professionalism, experience and reasonable fees.
Give Peace Of Mind To Your Loved Ones
After discussing your needs, attorney Anlian will craft a solution that meets your specific needs and goals. Although the process might seem complicated, an estate plan can be relatively inexpensive and will give peace of mind to you and your loved ones. If you pass away without a will and/or trust, your assets will go through probate and be distributed based on a judge’s decision. For your loved ones, this means uncertainty and money spent to recover what is rightfully theirs.
When you draft your will or trust, you will find that it helps to prepare with the assistance of an experienced lawyer. However, there are advantages and disadvantages implicit in each of these legal documents.
What To Expect With A Will
A will only goes into effect after the person who made the will (known as the testator) passes away. Its cost is typically low, and you can change it as needed. You can also appoint guardians for your children under 21 years of age through this document. A will is a public document accessible to the public after the death of the testator when the estate goes through probate. Wills are subject to probate, and the court will assign an executor if you have not appointed one. This process might take up to one year or more to complete.
How A Trust Works
With a trust, your loved ones can have access to your assets according to your wishes even during your lifetime if you choose. A trust may be more expensive to create than a will, but your property will not go through probate in the event of death and your loved ones can have access to your assets immediately. This is a private document accessible only to the individuals named by you. A trust can also include instructions and appoint guardians should you become incapacitated and unable to make financial decisions related to the trust. There are many types of trusts, so it is best to discuss your options with an experienced lawyer.
Attorney Anlian will help you determine an appropriate option according to your finances, property and needs. Some individuals benefit from having both legal documents. Discover the right choice for you.