Possibly. A trust is a good option for someone who has a large net worth, substantial real estate property, or who has specific wishes with regard to how their estate is to be distributed to their heirs once they have passed away. Trusts can be used to avoid probate and protect assets from creditors. Trusts can control how inheritance is used by the heirs and may place conditions on the distribution of assets. The ability to be very specific about the distribution of your estate is an important feature for those who have special circumstances such as children, a family member with special needs, or ownership in a business. In addition, there are several special-use trusts available to allow you to include charitable giving, tax reduction, etc. in your estate planning goals.
Attorney West Seattle, P.S. has been helping people in West Seattle for several years draft wills, trusts, power of attorneys, health care directives, and other estate planning documents. Our law firm can help you with your estate planning needs. Call us today for a free consultation.
Attorney West Seattle, P.S.’s phone number is (206) 745 3738.