Attorneys for Wills and Trusts

A will is a legal document that details how you would like your assets to be distributed after your death. You can also include the names of those you want to be Guardians for minor children, or who will manage your estate. If you have minor children, it is important to have a trust and a will. A trusts attorney can help you decide what is best for your interests. The lawyer will advise you of the process and give you an estimate of the fees.

Trusts and wills are legal documents that are essential for managing your assets. Having a plan for your finances and inheritances is vital for the future of your family. A simple will can be written by any lawyer, but a good trusts attorney should be considered for more complex cases. You will need to have a professional help you make sure your family receives all your assets.

The attorney will also help you fund your trust. A trust will enable you to distribute your assets in ways that benefit your beneficiaries. Real estate, for example, must be deeded in the trust's name. Other assets such as bank accounts, stocks, and bonds should be retitled in the trust's name. Although you can add beneficiaries to a Will, assets that are not in your trust's name will be subject to probate.

A trust can save you a lot of hassle and money during the probate process. Your beneficiaries will not have to go through expensive probate, so a trust can save them time and energy. And once your loved one passes away, the trust will transfer your assets according to your wishes. This way, the estate will be managed according to your wishes and intentions. It is important to discuss the best options for your family and to choose the right attorney.

It is important to think about the cost of the trust and will, but there are other factors to consider when choosing a trust or will. Typically, the price of a will or trust will depend on the complexity of the document and the amount of time it takes to prepare it. If you don't have a budget, it is best to go with a lawyer who offers consultations for free or at low fees.

There are two types of documents: trusts and wills. They are the first step in estate planning and outline the beneficiaries. When a person dies, a will is filed with the court. The will directs that a representative of the family will administer the estate in accordance with the instructions. Wills are flexible and can be prepared in as little or as much detail as desired. They are crucial to your family's overall financial health.

Matus Law Group | Estate Planning Attorney and Special Needs Trust Lawyer | Trusts Law Firm - New York City

222 Broadway Fl 22, New York, NY 10038, United States

(929) 412 1808