It’s very easy to find information on will vs trust issues online. But, often times it can seem generic or contradictory. That’s not very comforting when you’re trying to pass your property as quickly and as painlessly as possible from one generation to the next.
Will and trust law changes depending on what state you’re live in. Most articles about a will vs trust are written generically to apply to all 50 states so that they can appeal to the largest number of searches.
While this may give you a basic understanding of a will vs trust, you need to get more specific information that actually pertains to your state so you know if you need a will, revocable trust, or irrevocable trust.
In this article, you’re going to get a step by step process that will enable you to filter the information you find online. This way, you can reduce it to a form that you can actually use to make your decisions.
Start with Your State Bar’s Knowledge Base
Information on will and trusts is commonly sort out, but you need the info you are researching to be accurate based on the state you live in. Depending on your state, chances are that the state bar would have some sort of an online knowledgebaseregarding general practice areas.
Contracts, torts, personal injury, divorce, and of course, wills and trusts. The good news is if you’re looking for will vs trust information, there’s a good chance that this information will be found here.
Make sure you search for information that compares and contrasts to these two types of estate planning documents.
Tap Local Bar Resources If Available
Most state bar associations have local chapters you can contact. This can help you get ahold of a local professional who practices will and trust law. They can be a resource of additional information. Additionally, because they are being referred by the state bar, you know they have a good record.
Find Websites of Profession will and trust Attorneys
Once you have gotten state specific information, you should have a proper grounding as to how wills contrast with trusts. You should also have a general understanding of advantages and disadvantages.
The next step is to look up attorneys who practice in these specialized areas of law in your local vicinity. These are commonly known as estate planning attorneys, but are sometimes called trust lawyers or will lawyers.
The good news is, they are easy to find with the help of search engines like Google. In fact, you can easily pull them up using common keywords like “trust attorney”, “trust attorney near me”, or “trust attorney + city name”.
Find these professionals and their websites. Make sure you check the information sections of their sites. These are places on their websites where they feature articles and blog posts talking about common issues that they handle.
Take notes and write down any questions you have while you are doing this research so you can ask an attorney when you are ready.
Schedule Consultation with Will vs Trust local Practitioners
While you’re checking out the websites of the local practitioners of will and trust law, sign up for a consultation. Most attorneys offer an initial consultation so you can ask whatever questions you have about whether a will or trust is best for your unique situation. Bring your notes. Pick their brains. Cross-reference the information that you have with their advice. And get all of your questions answered so you know exactly what type of estate plan is best for you.
The initial consultation is also a great way to get a feel for the estate planning process. It also allows you to build a rapport with an attorney and find a professional with a personality and process you like.
Estate planning is an important step in your life so you want to make sure you are having your will or trust drafted by someone you like and trust.
There is a lot of information about wills and trusts out there on the internet. Sometimes the information can be contradictory. That’s because will and trust law is specific to each state.
Unfortunately, a lot of information on the internet is generic because it is trying to apply to all 50 states. To find good information, start with state specific resources like the state bar.
Also, search for professional practitioners in your local area. Often times these pros write information about the area of law they practice that can be incredibly informative.
Lastly, schedule an initial consultation with a trust attorney to get all of your questions answered to determine if a Will or Trust is best for your unique situation.
Author can be reached through rochesterlawcenter.com
About Author -Jim Turner is a USA based author of Legal issues related to estate planning, will & trust , business law and elder law .Jim Turner does his best writing on these topics that helps users to find the best solutions to their FAQ on estate planning , probate , living trust and more about legal family issues .
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