What Is The Difference Between A Will And A Trust?
As you begin to think about estate planning, your head is probably filled with questions about how to proceed. It can be overwhelming decipher the legal impact of your choices. The good news at Turner & O’Connell, Attorneys at Law, we pride ourselves on our ability to make complicated matters simple for you to understand.
We often get questions about the difference between a will and a trust. Quite simply, a will goes through a process called probate in the local county court in Pennsylvania. This process determines whether the will is valid.
A trust, on the other hand, does not go through probate. This can save time and money. Trusts are much more difficult to dispute. In a trust, you name the person who will be in charge of disbursing assets after your death.
Is Estate Planning Expensive?
When working on wills, trusts and other estate planning documents, our firm is upfront about fees. Our lawyers believe in strong communication with our clients, so they can go into the process assured that it is not an outrageous price. You will leave knowing you have made a sound investment, knowing that your wishes for your assets and property will be distributed as you would like after your death. That’s worth it.
For A Free Consultation, Contact Turner & O’Connell, Attorneys At Law
Picking up the phone and scheduling a meeting to start estate planning is the first step in a responsible direction. You owe it to yourself and your heirs to put a plan in place. We promise to make it as uncomplicated as possible. Let’s check this item off your to-do list.