A Will is a written document that provides instructions for the disposition of a person’s property after his or her death. It is to important to have a Will because, not only does a Will allocate your property in accordance with your wishes, it also permit you to specify the person you trust to administer your estate and it enables you to select a guardian for any minor children left behind.

A Living Trust is a document that specifies how your financial affairs will be handled if you become incapacitated or die. The process of establishing a Living Trust is more complicated than drafting a Will. However, unlike a Will, a Living Trust does not need to be probated at death which avoids the lengthy probate process and costly estate taxes. Rather, your debts are immediately paid at death and your possessions are transferred to your beneficiaries according to your instructions. The Law Offices of Richard McAndrew would be happy to provide a free consultation to discuss whether a Living Trust would be appropriate for you.