Estate Planning And Probate
Family Law Attorney in Coeur d’Alene Specializing in Wills
Many people think about the future only in terms of life. They plan vacations, weddings, births and reunions but they fail to consider what happens to their estate after they pass away. This is a serious mistake. Taking the time to discuss your estate planning objectives with an experienced lawyer can significantly reduce estate administration challenges after your death and ensure that your wishes are fully honored.
At the Advocacy Law Center, PLLC in Coeur d’Alene, we work with clients to develop comprehensive estate planning solutions that meet their long term goals. Together, we can help ensure that assets are protected for future generations. Contact our office in Kootenai County to schedule a consultation with an experienced and skilled family law attorney.
Do You Need a Will or a Trust?
A will is a very simple estate planning document designed to express the creator’s wishes regarding asset distribution and beneficiaries. It can be a beneficial tool for younger families or for someone with relatively few assets. However, if the proper procedures for creating a will are not followed, the will may not be considered valid. This can cause considerable problems with estate administration after your death. In addition, families with loved ones who die testate (with a will) will need to go through the probate process — a formality that can be both expensive and time-consuming.
To avoid the disadvantages associated with wills, many people decide to create a trust for their chosen beneficiaries. While a trust is more expensive initially, it can save significant time and money, as well as prevent future conflict among heirs. In addition, a trust protects your assets from estate taxes.
Our firm helps clients create all types of trusts, including:
- Special needs trusts
- Revocable living trusts
- Irrevocable trusts
- AB trusts
- Charitable giving trusts
If you are considering estate planning, you may be confused as to whether a will or a trust is the best option for you. At the Advocacy Law Center, PLLC, in Coeur d’Alene, we provide dedicated estate planning assistance. We will listen to your objectives, address your concerns and help form an effective estate plan.
When You Need a Family Law Attorney, Trust Experience
Contact us to schedule an initial consultation. Your future awaits.
For more information on wills and estate planning, see our Probate articles page.
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