Many people starting to think about an estate plan focus on writing a will. They believe that creating a trust is only for very wealthy people. However, if you have savings, a home, pension plan, or life insurance policies, a trust may be the best way for you to preserve these assets for your heirs. A trust also allows you to determine the timing and circumstances of a gift. One type of trust, a living trust, allows you to control and benefit from your assets during your lifetime while making sure your heirs are protected after you die.

Trusts are not only for the wealthy

Our firm counsels people on choosing the trust instrument that meets their goals and situations. Although we work with wealthy individuals, most of our clients are people of ordinary means and conventional sources of income such as salaries and 401Ks.