The main advantage to having a trust is the avoidance of probate. Probate is time consuming, expensive, and makes your assets and liabilities public record, which most people don’t want.
The trust will allow for the disposition of your estate plan without any knowledge from third parties that you may not want to have knowledge of your assets and liabilities at the time of your death.
At Holstrom Block and Parke, we have experienced estate planning attorneys that can help you with the preparation of a trust.
