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.
Should you get started on your will?
Missouri residents all across the board often put off preparing their wills, which is entirely normal. However, with the help of Hamra Law Firm, LLC, you can go through the process as easily and quickly as possible.
