There's no downside to establishing a trust for your heirs. Here are three of the top benefits of this practice:
- A trust will help your family avoid a lengthy probate process after you pass away. They can receive assets in their trusts right away.
- You can set up a trust for specific uses, like to pay for your child's education or donate to charity.
- Trusts are more private than wills because they don't go through a probate process.
Prepare the documents that will help your children feel financially secure after you're gone. Schedule your free consultation in Belvidere, Illinois today.