Wills & Trusts in Haddon Heights
Haddon Heights Estate Planning Lawyer
will is a document that can select your future heirs, determine their inheritance,
and appoint a guardian for your minor children in the event that you are
no longer about to care for them. A
trust is a legal agreement that allows one individual or company, the trustee,
to hold real and personal property for their own benefit or for the benefit
of another individual, called the beneficiary. While a will is beneficial
for almost all adults, an attorney can help you determine if one trust
or multiple trusts could be beneficial for your situation. Unlike wills,
there are different types of trusts, and a Haddon Heights estate planning
attorney can help determine which one would be best for you.
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inexperienced attorney or software program? Drawing on more than three
decades worth of legal experience, I provide my clients with the personal,
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Types of Trusts
The main two types of trusts are
revocable trusts, which can be changed or altered, and
irrevocable trusts, which cannot be changed or altered before a certain date. Because you
can include almost any provision you would like, there are a wide variety
of trusts. Specific trusts include:
Charitable trusts: trusts created for the benefit of a charity organization or cause
Fixed trusts: trust that provides beneficiaries
Insurance trusts: tax-saving trusts where trust funds purchase an insurance policy which
eventually provides beneficiaries with funds
Living revocable trusts: trusts created for the benefit of another individual while the settlor is alive
Practical, Timely and Cost-Effective Counsel in Camden County
With over 30 years of experience, my firm is prepared to help you with
your legal matters. Because I listen to my clients and provide them with
excellent counsel, my firm has been AV Preeminent® rated by Martindale-Hubbell®.
If you would like to learn more about the benefits of a will and trust
for your life, complete a
free case evaluation from my firm today. If you would like to create a will or trust,
contact a Haddon Heights wills & trusts attorney from Harris Law Offices.