Your estate needs a plan, and your Newcastle, WA trust lawyer can help. At Eastside Estate Planning, we’re ready to use our 10+ years of legal experience to walk you through the process. Read on to see how a trust planner can make a big difference, and contact us today to get started.
Trust Lawyer Newcastle, WA
You’ve worked hard to build up your legacy. You may have real estate, collections, and even family heirlooms that you inherited yourself. But upon your death, it’s important to have a plan for these assets - otherwise, a court may hand them to the nearest family member without considering your deeper family dynamics.
The last thing you want is for your estate to skip your close family members and go to a vindictive ex-spouse or estranged child. Fortunately, you can establish a trust to manage your estate and keep the process simple.
Many people assume trusts and wills are the same thing. On the surface, they do provide many of the same benefits. But there are some reasons you might want to create a trust over a will, especially if you don’t mind taking a more active hand in the management of your estate while you’re alive.
Wills provide important instructions for your loved ones after your death. But as your Newcastle trust lawyer will point out, a will also means probate. This is the process through which your estate is distributed between all of your beneficiaries. Probate can be long and drawn out, and by the time your family members track down your assets, get them valued, and pay all your court fees, there may not be much left over for your loved ones.
When you create a trust, you’re bypassing the whole probate process. It’ll make the process much simpler for your loved ones - and you can still provide instructions for when assets are released to family members. Because you control what goes into your trust, you’re taking a more active hand in your estate management. But by being more involved in your estate management, you can also include certain provisions for when money is released, who should be named guardian of your kids, and more.
Wills and trusts can be complicated to create, so you’ll need an experienced will and trust lawyer on your side.
Why Experience Matters When Planning A Trust
At Eastside Estate Planning, our experience sets us apart from the competition:
- Our team has over a decade of legal experience. We’re ready to use our 10+ years of legal knowledge to help you create and administer your trust.
- We’ve assisted clients with wills, trusts, tax planning, and even probate. We can assist with every step of the estate planning process.
- Eastside Estate Planning offers flat-rate pricing for greater transparency. You’ll always know what you’re paying, and you’ll always know what services you’ll receive.
Contact Us Today
You’ve worked hard to build your legacy. Now, it’s time to protect it. At Eastside Estate Planning, we’re ready to walk you through the process. Contact us today, and see how a Newcastle trust lawyer from our team can make a difference.