There is a lot of confusion regarding wills and trusts. We like to explain it in this way: A will goes into effect when you pass away, while a trust goes into effect immediately.  A trust is like a corporation with, normally, the individuals setting up the trust being the trustee or trustees. The trust acts as a will, with a few minor exceptions. While it can be instrumental in avoiding or reducing estate taxes, its most important feature is that it can be revoked or amended, and it will avoid the necessity of probate.

Who should have a trust? Anyone who has an estate of at least $100,000.00 or owns real property.

Take the time to watch the presentation below, which will explain the need of estate planning, and to help determine which is best for you.

There is a significant amount of information required to complete the trust paperwork, along with the additional documents that are prepared for your overall estate plan. Click on the links below to download the questionnaires”

Basic Trust Information

Family Asset Information

List of Personal Items (Optional)