Comprehensive Wills And Trusts
Estate planning can be simple or complex based on your situation. As a result, it is imperative that you choose the tools that are most beneficial to you to prepare. Trusts and wills each offer their own benefits, and what works for one person may not work for everyone.
At Steven F. Mann, Attorney at Law, I have created hundreds of Massachusetts estate plans for more than 30 years. I continually receive education to ensure I am up-to-date on state and federal estate laws. As a lawyer who also assists with probate, I know what provisions are critical to include to avoid delays. Whether you need a trust or a will, I am here to help.
Trusts And Wills Can Accomplish Similar Goals
While there are many differences between trusts and wills, there are some similarities. For both trusts and wills, you can:
- Designate beneficiaries
- Decide who inherits your assets
- Appoint guardians over your minor children
- Select an individual or individuals to administer your estate
- Transfer property to beneficiaries
How A Trust Differs From A Will
The main differences between trusts and wills include:
- Putting assets in trust helps to avoid probate
- Assets funnelled through a trust are protected
- There are different types of trusts
- Some trusts take effect immediately, whereas wills take effect upon your death
- You must fund a trust throughout your lifetime
Request A Review And Consultation
I work with new and existing clients to protect their assets and future with an estate plan, including trusts and wills. If you are seeking high-quality representation in Waltham or surrounding areas, please call 781-890-8228 or send me a message to schedule an appointment.