Retired, you are enjoying a book while sitting in your den. One chapter of the book talks about why the protagonist began their estate planning at such an early age. As you continue reading, you begin to think about why you have not begun estate planning yourself. Here are 2 things to consider to help you with estate planning.
One of the most important things to consider is your will. A will serves as a document of your final wishes, and should be carried out by a legal representative. Your document will include property designation and division amongst your beneficiaries. It will be a public record that will typically pass through probate.
Another thing you should consider to help you with estate planning is creating a trust. A trust is like a will, in that it distributes your property according to your wishes. The difference between a will and a trust is that, unlike a will, a trust can be executed before, at, or after death. Trusts can also remain private and do not have to pass through probate.
You are looking to create a complete estate plan that incorporates both a will and a trust. You may now be searching for a professional wills and trusts lawyer in Bangor, PA to help you with your estate planning. Contact the experts at Molnar Law Offices. They offer their legal expertise to help you create a complete estate plan. When searching for a highly skilled and experienced wills and trusts lawyer in Bangor, PA, they are the ones to visit. Call or visit them at Molnarlawoffices.com today.