You're invited to attend our FREE Estate Planning Seminar
7 Reasons Why Trusts Are Better Than Wills
May 14th
Thursday
Location
FFA Enrichment Center Second Floor
1055 SW Prairie Trial Parkway
Ankeny, Iowa 50023
10AM & 6PM
May 21st
Thursday
Location
FFA Enrichment Center Second Floor
1055 SW Prairie Trial Parkway
Ankeny, Iowa 50023
10AM & 6PM
Seats Are Limited
Save Your Spot Now
Discover how trusts offer superior control, privacy, and efficiency over wills. Let us guide you in creating a robust, secure future for your legacy.
Explore Your Trust Options with Expert Guidance
Explore bespoke trust solutions that safeguard your legacy and optimize your estate planning with expert guidance and personalized financial strategies tailored for you.
Explore Our Tailored Trust & Estate Planning Services
Explore personalized trust solutions tailored to secure your family's future efficiently and effectively.
Personalized Trust Formation & Management
Establish and manage diverse trusts, including living and testamentary trusts, ensuring assets are managed and administered according to your specific wishes.
Full Estate Planning Services
Offers detailed estate planning, incorporating wills, and directives seamlessly with trusts for complete asset management and legacy preservation.
Estate Planning Workshops
Offer personalized workshops that educate clients on choosing trusts over wills, detailing their legal and financial benefits for informed estate planning decisions.
Testimonials
Jasmine Richards
Setting up a trust was smooth and insightful. Their guidance made the estate planning process clear and easy to navigate. Highly recommend their expertise!
Monica Chandler
Explored various advisors; this team truly excels in estate planning and trust strategy. They make complex estate matters feel straightforward. Highly recommend.
Thomas Krazinski
Attended a workshop on trusts and estate planning. Straightforward, insightful presentation. A great primer for anyone starting to plan their estate efficiently.
FAQs
Your Trust Questions Answered Clearly and Concisely
What are the main advantages of a trust over a will?
Trusts offer enhanced privacy, better control over asset distribution, potential tax reductions, and can help manage assets for minors or special needs.
Is setting up a trust more expensive than writing a will?
Initially, setting up a trust can be more expensive than writing a will due to the complex nature of trusts and the legal guidance required. However, the long-term benefits, including potential savings on probate fees and taxes, usually balance or outweigh the initial costs.
Can I change my trust once its set up
Yes, if you establish a revocable trust, you can alter or terminate the trust during your lifetime. Irrevocable trusts, however, generally cannot be changed once they are established, providing a fixed strategy for asset distribution.
How does a trust work in case of incapacity?
A trust can be designed to manage your affairs if you become incapacitated. By appointing a trusted trustee and setting guidelines in advance, your assets can be managed according to your wishes without the need for a court-appointed guardian.
Do I still need a will if I have a trust?
Yes, having a will is advisable even if you have a trust. A will covers any assets that may not have been included in your trust and can provide additional instructions, such as the appointment of a guardian for minor children.
Who should consider setting up a trust?
Anyone interested in managing their estate with more privacy, providing specific directions for asset distribution, or protecting their legacy from legal disputes should consider a trust. It is particularly advantageous for those with sizable assets, complex family situations, or the desire to support minor children or relatives with special needs beyond their own lifetime.