Written by: Buffini & Co
Most of us know we "should" have a will - yet just over half of us don't. Maybe it's cost, the hassle, or just being unaware of the consequences of not having one. Creating a will now may be one of the most meaningful gifts you leave to your loved ones.
Consider the Benefits
- Peace of mind knowing your wishes are in writing.
- Beneficiaries and asset distribution are pre-determined.
- You name guardians for your children - not the courts.
- Designates charitable contributions in your name.
- Provisions are made for pets.
- Provides your final funeral wishes.
Will vs. Trust
Will:
- A will is a legal document that outlines how you want your assets distributed. Most wills must go through a probate process before the estate can be settled.
Trust:
- A trust must allow you to potentially transfer assets to beneficiaries without probate.