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March 2019 Archives

Should you create a trust?

Most estate planning lawyers will try to push you into creating a trust, but the truth is that the use of beneficiary designations and/or wills can sometimes get the job done just as well as a trust would. Additionally, trusts are usually more expensive than Wills and beneficiary designations, making trust formation a big purchase most individuals and therefore, should not be undertaken lightly. That said, there are several circumstances in which creating a trust for your Missouri estate would be the most beneficial thing to do. Forbes weighs the pros and cons of creating a trust so you can make a more informed decision.

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Hamra Law Firm, LLC

Hamra Law Firm, LLC
16141 Swingley Ridge Rd.
Suite 105
Chesterfield, MO 63017-1778

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