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What Happens When You Die with a Will vs. Trust?

in estate planning Last Will and Testament Trusts

As estate planning attorneys in Cincinnati, we talk to people every day who want to make sure their loved ones are taken care of after they’re gone. One of the biggest questions we get is: Should I have a Will or a Trust? The answer depends on your goals, but the biggest difference between the two is how your assets are handled after you pass away.

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Appoint a Guardian to Keep Your Kids In Safe Hands At All Times

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Probably every parent who has watched the news lately has felt the heartbreak over what’s happening to immigrant families at the border due to the Trump administration’s immigration regulations.

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Create a Special Needs Trust to Protect the Financial Future of Your Child with Special Needs

in 2021 business trends adult children advanced directives Aging in America arbitration beneficiaries blended families Business disputes business models business valuation methods commerce Conservatorship corportate transparency act court appointed guardian COVID-19 dementia digital business disabled child e-commerce Estate plan estate planning estate tax executor Fiduciary Financial Elder Abuse: Awareness and Prevention Guardianship health care power of attorney health-care proxy incapacity irrevocable life insurance trust Justice in Aging Last Will and Testament living trust living will long-term care mediation medicaid planning personal property personal property memorandum power of attorney powers of attorney Prenuptial agreement Probate probate attorney Probate court property ownership Real estate Senior Poverty Small business SWOT analysis Small business trends Small business valuation Social Security Special needs planning testament trust Trusts will wills

It always surprises me to hear parents who have a child with special needs tell me that they were not aware of what they needed to do to ensure the future well-being and care of their child is properly handled. Or sometimes, they tell me they didn’t know they needed to do anything at all.

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