Wills
Approximately 55% of American adults do not have a Will
- 57% said they “just haven’t gotten around to making one”
- 22% felt that making a will wasn’t urgent
- 17% didn’t think they needed a will
- 14% don’t have a will because they don’t want to think about death
What is a Trust?
- A Trust is a contract or agreement between a Grantor and Trustee to hold assets (money, real property, objects, etc.) for the benefit of a beneficiary
- Testamentary Trusts, which are inside your will and go into effect when you die
- Living Trusts, which take effect during your lifetime
- Many different types of Trusts depending on your needs and goals
- Privacy
