The seamless transfer of your assets cannot be accomplished without a trust, will, or other essential estate planning documents. Drafting these documents is notoriously difficult, but it is best tackled sooner than later. Scott Weible provides patient guidance throughout the entirety of the estate planning process and helps you make the hard decisions that will later benefit your loved ones.
Trusts Versus Wills
The estate planning process is full of important decisions, but one of the most essential involves the creation of a will or a trust. There is no one good solution for all estate holders, so it is important to look carefully at both options and consult an estate planning attorney before making a final decision.
Trusts are generally favored by those eager to avoid probate. A variety of other conveniences are associated with trusts, such as the immediate transfer of property management if the estate holder becomes incapacitated. Without a trust, the court may be required to appoint a guardian or conservator before beneficiaries can access assets. Another advantage of a trust is that it is never a matter of public record.
Although there are many advantages associated with trusts, there are numerous situations in which wills are preferable. Trusts create several conveniences down the road, but at the outset of the estate planning process, wills are far less complex. During the will creation process, property need not be transferred to a separate entity. Additionally, wills can be used to designate guardians for minor children should the parents pass away.
Other Estate Planning Services Offered at Scott Weible, Esq.
Wills and trusts are just two of many estate planning services provided by Scott Weible. In addition to these important documents, Scott Weible also drafts powers of attorney, letters of intent, and advance health care directives. Learn more about the terminology used in estate planning here.
Weible Law Firm, PLLC: A Trusted Estate Planning Resource in Oro Valley, Arizona
The estate planning process can be incredibly stressful, both for estate holders and their loved ones. However, while this process is often uncomfortable, it is absolutely essential. Careful planning can ensure that your end-of-life care is adequate and that your property is passed on to the appropriate heirs.
At the Weible Law Firm, PLLC, you will receive compassionate legal support through all phases of the estate planning process. Scott Weible truly cares about his clients — and he wants nothing more than to provide you with the peace of mind you deserve.