Wills and trusts are among two of the most important estate planning documents, and though both are important to have, they are very different documents. That said, a seasoned Pasco County, FL wills & trusts lawyer from The Law Offices of Matthew. J. Jowanna, P.A. can help you get a better understanding of both of these documents and how they can work together to preserve your legacy.
If you’re looking to draft a will or a trust to preserve your legacy, you are in the right place. Simply speak with a knowledgeable and highly-skilled Pasco County, FL estate planning lawyer from our legal team today.
In many ways, a will is the cornerstone of any estate plan. The person who writes the will is known as a testator, and the people who receive the testator’s assets upon their passing are known as beneficiaries. Additionally, the testator will appoint one person to distribute their assets appropriately among beneficiaries and ensure their will is carried out according to their wishes–this person is known as the executor. Just some of the main reasons a person should create a will during their lifetime are as follows:
A trust is another important estate planning document. Essentially, in a trust, a third party, known as a trustee, will hold certain assets on behalf of a beneficiary. The person who appoints the third party (the person who creates the trust) is known as the grantor. There are several benefits of creating a trust. Just some of those benefits are as follows:
The Law Offices of Matthew J. Jowanna has extensive experience guiding clients through the estate planning process. If you need a lawyer who can help you draft a will or a trust, simply contact us today so we can begin guiding you through the process.