Do You Know The Difference Between Wills And Trusts?
A will is a document that provides a plan for your heirs to receive your assets after you pass. A trust is a legal entity that you can create as a vehicle to pass assets onto your loved ones. They are similar in two ways: They are major components of an estate plan, and they are best crafted with the help of an experienced estate planning attorney.
At Marberry Law Firm, P.C., we work with people across Urbandale and Des Moines to craft effective estate plans. We understand that this can be a sensitive process, but we have the experience and insight to create a strong estate plan that will help guide your family down the line when they need it most.
Trusts And Wills Work Together In Estate Plans
An estate plan is a comprehensive group of documents and legal paperwork that outlines many aspects of your wishes for your family. The will can dictate general guidelines and wishes regarding plans for the children’s care and ways to resolve difficult business dealings.
Your trust can serve the function of preserving assets outside of your estate to minimize probate costs and estate taxes. Together, these two pieces of the puzzle represent a great deal of flexibility, thought and care for your family.
Learn More About How We Can Help With Trusts And Wills
As your estate planning attorneys, we understand Iowa’s probate and estate laws. Our experience in traversing the challenging landscape of legal realities works in your interest. We can build your estate plan to secure your goals and wishes.
Our aim is to safeguard your legacy and long-term family security. We know that you’ve come to a decision about how you’d like things to go after a lot of thought, and we will craft a plan to carry out your intentions.
Reach out to our firm today by calling 515-989-6794 or sending an email using this form.