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Estate planning is an important part of ensuring that your assets are managed and distributed according to your wishes after you pass away. The main way that Laguna Legal helps our clients to prepare their estate is through the setting up of living trusts. If you fail to make plans for what happens to your assets after death, or if you make a will instead of using a living trust, then your loved ones will need to go through the probate process, which can be a lengthy headache and also may be expensive. This article will compare the pros and cons of living trust vs probate for your estate planning needs.
For most people, a living trust is the best option for their estate planning needs. While trusts are more complex to create and may require professional help, they provide greater privacy, speed, flexibility, and cost savings than wills or probate.
If you would like to learn more about setting up a living trust with Laguna Legal, please contact us today and schedule a consultation. During that meeting, we can help you document all your wishes and complete our very simple questionnaire. Once the completed questionnaire is provided to our office, we will help you create your estate plan. At Laguna Legal, we make the process of creating legal documents: smooth, simple, and affordable. Contact us today to learn how we can help you. We look forward to your call!