Wills & Trusts in Ventura County
Helping You Plan for the Future
Estate planning is one of the most responsible and caring acts a person can do for their family and two of the most essential aspects of it involve creating a will or a trust. At Morgan Law Firm in Ventura County, our estate planning attorneys can advise and guide you through the process of creating one or both of these important legal documents to ensure your assets and property are distributed according to your wishes while minimizing any burdens your beneficiaries may face.
Call or text an attorney directly today at (805) 644-8888 to set up a free initial consultation with a knowledgeable member of our estate planning team.
The Benefits of Creating a Will
Most of us can benefit from creating a will, even if you only have a few assets to pass on. Without a will, family conflicts may likely arise over who will receive certain assets, resulting in a more time-consuming, costly, and stressful probate process.
Consider the following benefits of drawing up a will:
- It is an inexpensive tool that can make it easier to pass assets on to your loved ones.
- With legal guidance, an effective will can ensure the probate process goes smoothly and unhindered by delays.
- If you have minor children, you can designate a guardian for them in your will.
- If the beneficiaries of your life insurance policy die before you, your will can help distribute the proceeds.
The Benefits of Creating a Trust
Although large estates can greatly benefit from creating a trust, it is important to note that trusts are not just for the wealthy. A trust is simply a more effective way to control how, when, and to whom your assets will be passed on. For example, if you believe some of your intended beneficiaries may not be responsible enough to manage the funds they inherit, you can assign a trustee to manage it for them, or list certain requirements for them to meet before they are allowed access to these assets.
Trusts and wills work just as well together as they do on their own and many individuals can benefit from creating both. With your trust, you can provide explicit instructions regarding the distribution of your assets while a will can account for anything that cannot be covered in your trust.
Whether you choose to have one or both, you can rely on our team to guide you through it.
Speak to One of Our Knowledgeable Estate Planning Attorneys Today!
It is never too early to start planning for the future, especially since it is impossible to know what lies ahead. At the Morgan Law Firm in Ventura County, our estate planning team has the experience and knowledge necessary to help you create an effective will or trust, so do not hesitate to reach out to us.
Call or text our law office at (805) 644-8888 to schedule a free consultation.
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