Protect your loved ones,
Ensure piece of mind

• Durable power of attorney: This allows you to designate someone to make financial decisions on your behalf if you are unable to do so.
• Healthcare proxy or living will: This allows you to designate someone to make healthcare decisions for you if you are incapacitated.
• Trust: A trust is a legal arrangement that allows you to transfer assets to a trustee who manages them for the benefit of beneficiaries. Trusts can be used to avoid probate, minimize taxes, and manage assets for beneficiaries who may not be responsible with money.

A will is a core estate planning document that outlines your wishes for how your assets will be distributed after you die. It allows you to name beneficiaries and an executor (the person responsible for carrying out the terms of your will). If you die without a will, the state will distribute your assets according to intestacy laws.

Dying without a will is called intestacy. In this case, the state will determine how your assets are distributed according to predetermined laws. This may not reflect your wishes, and could lead to unintended consequences for your loved ones.

A will is a legal document outlining how you want your assets distributed after you die. It goes into effect upon your passing and typically requires probate court to validate and oversee the distribution.

While a trust is a legal arrangement where you transfer ownership of assets to a trust entity. A trustee manages the assets according to your instructions, which can benefit you while you’re alive and after you die. Trusts also avoid probate.

Here are some reasons to choose a trust:

• Avoid probate: Saves time and money by bypassing the probate process, which can be lengthy and public.
• Manage assets during incapacity: If you become incapacitated, the trustee can manage your assets according to your wishes.
• Distribute assets according to specific terms: You can set conditions for distribution, such as reaching a certain age or completing specific goals.
• Ensure privacy: Trusts are generally private documents, unlike wills which become public during probate.

In short, a will ensures your wishes are known after you die and a trust offers more control over asset management during your lifetime and after death (with additional benefits like privacy and avoiding probate).