Estate planning can help protect you and your family’s future.
Wills and trusts are distinct estate-planning tools, each serving a different purpose. A last will and testament allows you to specify how your assets will be distributed and to name guardians for minor children. Estate planning gives you the opportunity to make these decisions proactively, rather than leaving them to the court. Without a valid will, probate laws here in Rochester, Indiana will determine how your estate is handled – often in ways that may not align with your wishes.
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For many clients, a trust is a powerful planning option that offers greater control, flexibility, and privacy. A living trust can help your heirs avoid or minimize probate, streamline the distribution of assets, and set conditions or timing for how beneficiaries receive their inheritance. Depending on your circumstances, a trust may also provide advantages related to asset protection or managing incapacity. Estate planning is not just about distributing assets – it is also about protecting your family and preserving stability during uncertain times.
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At Perkins & Adley LLP, we take a personalized approach to every estate plan, beginning with a thorough review of your financial picture, family dynamics, and long-term goals. From there, we will determine whether a simple will meets your needs or whether a trust is a more suitable option. Effective estate planning should evolve with your life, reflecting changes in relationships, assets, and priorities.
Our goal is to make the estate-planning process clear, efficient, and effective. Contact us today to learn more about wills and trusts.
