We often meet with individuals who have gone to the trouble of establishing a last will and testament—and they assume this is all they need for their estate plan to be set.
Actually, while having a will is an important start, it’s rarely sufficient. More often than not, it’s also wise to establish a trust, which can be key in preserving your assets and keeping your estate free from any probate issues.
In this post, we’ll take a closer look at why you might wish to establish a trust as part of your estate plan.
These are just a few of the ways in which a trust can augment your will and provide you with a truly robust estate plan.
Establishing a trust will require the expert guidance of an estate planning attorney, however, who can help you determine what kind of trust you need, who should serve as trustee, and more.
To speak with Singh Law Firm about setting up a trust, or to ask any questions you may have about the estate planning process, we encourage you to contact us today.
Singh Law Firm is a leading California estate planning practice, and we’d love to help however we can. Connect with us today.