Advantages of Preparing a Living Trust in Camp Hill

by | Feb 6, 2014 | Law Services

If you want to protect your estate when you pass away, you need to take the time to create a Living Trust Camp Hill. The purpose of creating a trust is to prevent loved ones form ending up having to go through a probate. As with all estate planning processes, there are good sides and bad sides. The biggest benefit is the fact that your estate will not go to probate. This also means that the will is less likely to be contested.

The downside to creating a Living Trust Camp Hill is the fact that it is expensive. You have to hire someone such as Attorney Cara A. Boyanowski to help you set up the trust and get it legalized. It is also a process that eats up a lot of your time. If you are someone who feels like you are always running around like a chicken with your head cut off, you might not have enough time to sit down and create a trust.

When you are trying to decide whether or not to create Living Trust Camp Hill, you need to remind yourself that it is the only way to guarantee that a probate will not happen after you pass away. It is the only way to make sure your children, spouse, and other loved ones get first dibs on your money and your property. The last thing you want is for a probate to happen and creditors to swoop in and take every penny before your family can get a hold of everything.

Creating a trust is the only way to make sure your family knows your last wishes. While the death of a loved one is very saddening it can also create problems. This is especially true if the loved one had a nice house or a decent amount of money. Suddenly family members appear from all over the map to try to get a piece of your assets. A trust will ensure that people who were not in your life when you were alive cannot just magically show up and cause enough of a fuss to get some of your assets during a probate proceeding.

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