Nobody likes to think about what will happen to their assets and their loved ones after they pass on, but at some point, it’s imperative that you take stock of your mortality and plan for a future that may not include you. Estate planning can be a stressful process, but it helps to have a trusted attorney on your side. The Clemson Page Law Office can assist you through all phases of the estate planning process, including drafting wills and establishing trusts.
One of the chief estate planning services offered at the Clemson Page Law Offices, wills allow you to designate how you want your property passed on. This important document also allows you to name an executor and choose guardians for your children. For this reason, it is important to not only consider drafting a will in old age, but also as soon as you become a parent.
Trusts are a popular alternative to wills. This special type of fiduciary duty allows a third party to actively hold your assets on behalf of beneficiaries. As with wills, specifications can be included for how assets will be passed down. One of the greatest benefits of establishing a trust is that it allows you to bypass the confusing probate process. Trusts can also shield your estate from taxes, creditor claims, and even lawsuits.
Once you complete the estate planning process, you’ll feel a welcome sense of peace. This lifted burden is more than worth the effort it takes to plan your estate.
Whether you wish to establish a will or a trust — or complete some other estate planning function — it is important to work with a knowledgeable estate planning attorney. Look to the Clemson Page Law Office for support as you complete the estate planning process or administer a loved one’s estate.