One facet of a comprehensive estate plan is establishing one or more trusts, and a Des Moines trusts lawyer here at Herting Law can help. We know that there are few things more important than protecting your assets and ensuring your loved ones can reap the benefits of those assets when the time comes, and we are here to make that possibility a reality. Continue reading and contact Herting Law, PLLC to learn more about trusts, how to create one, and how our firm can assist you through every step of the estate planning process ahead.Get Help Today
Do I Need a Des Moines Trusts Lawyer?
As with any estate planning document, for it to be considered valid and enforceable, it must be created and executed properly. Without the assistance of a Des Moines estate planning lawyer, you run the risk of having your trust be considered invalid at the time of your passing. Rather obviously, no one wants this to happen, which is why you should strongly consider hiring a knowledgeable lawyer who can ensure that everything is in order so that when the time comes, your family can have the peace of mind they deserve.
Trusts in Iowa
Essentially, a trust is a document that forms a contract between the trustor (the person who creates the document) and the trustee (the person who will manage the assets placed in the trust.) In a revocable trust, the trustor essentially places his or her assets in the hands of the trustee once the trustor passes away. At this point, the trustee will distribute all assets included in the trust to their corresponding beneficiaries (which the trustor outlines in the trust).
Not only can this be an efficient way to ensure assets are distributed properly, but in most cases, revocable trusts will also allow families to skip out on the probate process, ultimately saving them time and money. That being said, there are various types of trusts out there, which is why it is best to consult with an attorney who can help determine which one best suits your individual situation.
Contact a Des Moines Trusts Lawyer
Trusts are just one of the most important estate planning documents, and if you are ready to begin crafting your estate plan, you need an attorney who can help you check all the boxes. Our Des Moines trust lawyers are here to help. Contact Herting Law, PLLC so we can begin the estate planning process today.