Wills and trusts are two of the most used estate planning vehicles, and although they share similar purposes, they have key differences and can be used to achieve different goals. At Hennis Legal Services, you can partner with an attorney to create a will, trust, or both, depending on your personal goals and unique circumstances. We have a deep knowledge of will and trust law and can help you develop a personalized estate plan comprised of various documents and legal arrangements. Contact Hennis Legal Services today to discuss your needs with a qualified will lawyer in the Wayne County, OH, area.
Will:
Your last will is a legally enforceable document that allows you to state your wishes regarding the distribution of your assets to beneficiaries when you die. A will covers property that is in your name. Property in a will must go through the probate process. A will also allow you to name a guardian for your children and make specifications about your funeral arrangements.
Trust:
A trust is a legal arrangement in which you transfer your assets from your name into the name of the faith. A third party manages these assets, called a trustee, who is responsible for following your instructions regarding the distribution of support in the trust. There are various types of trusts with different advantages and terms. Some trusts allow the property to pass without the probate court getting involved. Trusts offer you more control over the distribution of your assets.
Do you want to ensure that your property is passed down according to your wishes? Consult with a will and trust attorney at Hennis Legal Services to get personal, affordable estate planning services.
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