Wills and Trust
Each individual and family has unique needs based upon their current stage in life. At Hanten & Associates, we establish custom-drafted wills and trusts that are made to meet our clients' unique needs.
Our wills and trust services include the following:
We can help you in any life situation whether you have a new baby in the family and are interested in establishing a guardianship or you have reached retirement, and have accumulated some wealth and would like to achieve some estate tax savings through the use of a more sophisticated will. Our firm provides experienced and effective representation to those who are interested in asset protection. We can help you ensure that your assets are passed along according to your wishes.
Our attorneys are experienced in probate-law and can explain the advisability of establishing trusts and other estate planning tools that will help you plan for the financial future.
Please contact Hanten & Assosiates to speak with a lawyer about will and trust inquiries.
Why to have a will?
It is a common misconsumtion that person has to have a large amount amount of property or assets for a will to be necessary. Nevertheless, people on all financial levels should to consider the benefits of establishing a will.
The following are five important reasons to have a will—even if you do not have substantial assets.
As with wills, many people think that trusts are only useful for the very wealthy. However, trusts are a great estate planning tool.
A trust is a legal property interest held by one person, called the trustee, for the benefit of another person, called the beneficiary.The person establishing the trust is called the grantor.
Unlike with a will, one main benefit of all trusts is the fact that your property won’t go through probate process when you die. It will help you to avoid the costs associated with probate avoid paying some death taxes.
By establishing a trust, a grantor transfers his or her property while still being alive.
A trust can be revocable or irrevocable.