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Provided by Schofield, Grossman & LindenSpecializing in Business and Estate Planning
There are many terrible problems that can arise if you do not prepare a proper estate plan. These can include misdirection of your assets, undesired emergency medical decisions, and extremely high Probate fees and estate taxes.
By utilizing a combination of a will and a trust you can be assured that your family and your assets will be protected. A trust offers its complete protection from the moment of its funding and only requires minimal updates, if any at all.
Incorporating only offers protection when the complex annual procedures are complied with and the annual fees and tax returns are filed. Incorporating works well for a business, but not for an individual and not for a family.
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