Helping You Establish Wills And Trusts To Suit Your Needs
Wills and trusts are essential elements of a comprehensive estate plan. Everyone should have a properly drafted will or trust to protect them their loved ones regardless of age or the size of their estate. Our attorneys at Sweat & Griffee Law Firm in Shepherdsville can provide guidance and assistance with all aspects of estate planning, including wills and trusts.
Having been born and raised in Bullitt County, our attorneys understand the needs and concerns of our community. They recognize how difficult it is to trust someone else with concerns related to your estate and family. At Sweat & Griffee Law Firm, our lawyers will take the time to get to know you, your concerns and your goals before helping you with your will or trust. When you work with us, you receive the benefits of a big city law firm with the personal attention of a hometown law office.
Explaining The Difference Between Wills And Trusts
A will is a basic legal document that is the foundation of any estate plan. It provides instructions on how you wish your property to be distributed to your dependents. In a will, you can also name a guardian for minor children, create a medical directive, appoint powers of attorney, and explain your burial and funeral wishes.
If you die without a will in Kentucky, the probate court will decide how to distribute your property. Under state law, surviving spouses and children would receive the assets before other relatives. Unfortunately, the court’s decisions do not always align with your own wishes.
A trust is a fiduciary arrangement that appoints another party to manage and distribute assets according to the trust guidelines. Depending on your needs and goals, you can utilize different types of trusts, including revocable, irrevocable, testamentary, special needs and charitable trusts.
Our attorneys at Sweat & Griffee Law Firm will take the time to explain the differences between a will and a trust, the types of trusts, and your options. Trusts come with many benefits, including tax benefits and more control over your assets. Working with an experienced estate planning attorney can help you make smart decisions to protect your family and estate.
Let Our Estate Planning Attorneys Help You
Our attorneys understand how overwhelming it can be to consider leaving your family and estate. At our local law firm, we take the time to get to know you and your family so that we can provide the best possible representation.
To learn more about how we can assist you with your will and trust, call us at 502-402-8315 or complete our online contact form. We represent clients in Bullitt, Hardin, Spencer and Nelson counties from our office in Shepherdsville.