Should I Create a Trust?
Trusts sound like something that only wealthy people need. In reality, there are many benefits to creating a trust, even if you're not a multimillionaire.
One of the main advantages of having a trust is being able to bypass the time and cost of probate, which is a process of administering an estate that can easily cost thousands of dollars and take several months or even a year or more to resolve.
Trusts can help you manage your property and assets, make sure they are distributed after your death according to your wishes, and save your family money, time and paperwork.
Learn more about the many advantages of trusts here.