WILLS AND TRUSTS
A will is a simple way to ensure that when you pass away, your property is distributed according to your wishes. Without a valid will, your property may go to family members that you would prefer to avoid. Elizabeth Martindell can help guide you through setting up your will or trust in Marion, Ohio. Call us today to schedule a consultation!
If you would like your estate to avoid probate, you need to plan ahead of time. Without careful planning, any property will default to probate. The most common ways of avoiding probate are by designating transfer on death beneficiaries or by creating a trust agreement.
What is the difference between a will and a trust?
A will sets forth how your property will be distributed in probate. If your property is not subject to probate, then your will cannot distribute the property. A trust sets forth rules that a trustee must follow to distribute property. Any property held within a trust can be transferred outside of probate.
What are the benefits of a trust?
A trust can allow your property to be quickly and easily transferred to your heirs after your death. This process is private and can avoid probate. Further, a trust can help you reduce estate taxes.
If you are looking for an attorney who understands wills and trusts in Marion or the surrounding counties of Wyandot, Crawford, Morrow, Delaware, Union, and Hardin, Elizabeth Martindell can explain your options and help you plan for the future so you can provide for your heirs in the best way possible.
Check out our Wills & Trusts Resources page for additional information on wills and trusts!
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