Fox Business has this brief, helpful article with 7 reasons why a person would want or need a trust.
1. Don’t Want Children to Inherit at Age 18
2. Asset Protection from Creditors
3. Someone Else at the Helm
4. Complicated Family Situation
5. Avoid the Probate
6. Take Care of a Disabled Child
7. Safeguard Your Privacy
All 7 of these are good reasons to consider a trust. My firm often works with clients wanting or needing asset protection, privacy, avoiding probate, or caring for a disabled child (or parent). Trusts come in a variety of options and are affordable, smart choices for many clients. If my law firm, Johnson Law KC LLC, can serve you or your family’s estate planning, asset protection, elder law, special needs trusts, or business needs, call me (913-707-9220) or email me (email@example.com) for a convenient, complimentary consultation. My firm looks forward to serving you and your family with reliable, friendly experience and counsel at an affordable cost. And there’s no better time than before the holiday rush, amid the beautiful autumn colors, to get your financial affairs settled.
(c) 2013, Stephen M. Johnson, Esq.