Wills and trusts are two of the most basic pieces of any estate plan, and we can help you draft these important documents in Huntersville.
Regardless of how old or young you are, you should have an estate plan in place. Estate planning is for those who want to be prepared, and for anyone who wants to protect their best interests after they pass away. Wills and trusts are two of the most basic pieces of any estate plan, and at NorthPointe Law Group, we are ready and waiting to help you draft these important documents in the Huntersville, North Carolina area.
Wills are one of the most well-known, basic estate planning tools. Wills are only effective when a person passes away, so during your lifetime, you might change your will multiple times. The primary purposes of a will are to plan for the distribution of assets to children, appoint guardians, and name beneficiaries.
Comparatively, trusts provide you with protection if you were to ever become mentally or physically incapacitated, and they include both life and death components. If properly funded, trusts can avoid probate, which is beneficial, since probate fees can be expensive.
Our firm is committed to client education, so if you want assistance fully understanding the key differences between wills and trusts, we are here to help. We are also ready to provide assistance if you want to draft a will or trust for your estate plan, and we will provide knowledgeable, compassionate service along the way. For more information about wills and trusts and why they are an essential component of any estate plan, contact our firm today.