![]() ![]() With a trust, you can ensure that your assets are transferred to your loved one immediately after you pass away – making it easy for your loved ones. A will or a trust should be the main components of every couple’s estate plan, even if they don’t have a large number of assets.Ī will is a legal document that expresses a person's wishes as to how their property is to be distributed after their death and which person is to manage the property until its final distribution.Ī trust is a legal relationship in which the legal title to property is entrusted to a person or legal entity with a fiduciary duty to hold and use it for another's benefit. What most people don’t know is that a will and trust are extremely beneficial for protecting the assets you do have and even your loved ones. People have the misconception that wills and trusts are only for those who are wealthy. ![]() Contact us today at (608) 292-5185 to schedule a consultation! Will & Trust If you need help creating a comprehensive estate plan, our team at Estate Law Partners, LLC is here to help you. Thankfully, our Madison estate planning attorneys have put together a checklist to help couples gather the documents needed to protect their best interests. Developing the best estate plan can be an overwhelming process–especially for couples. There is much more that couples should include so that their estate plan will protect their assets and their loved ones. Creating an estate plan doesn’t only consist of drafting a will or a trust. ![]()
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