A trust and a will are both used for estate planning. A trust, however, adds extra protection and guardianship for both you and your designated heirs with the intention of avoiding probate.
A trust is comprised of the following three parties:
Under a trust, you can set stipulations as to how your assets are to be used. For example, this can include designating money to fund a college education. You can also or put certain requirements in place. This can mean, your heirs may not be able to access the bulk of the assets until they reach a certain age.
There are several things that Intrepid Law can do when setting up your trust:
Intrepid Law® is here to work for you. Click here to learn more about our Estate Planning Services or give us a call today to schedule your personalized consultation to help plan your future and protect your business, your assets, and your loved ones.