Value of Trusts

Webinar Available for On-Demand Viewing

Value of Trusts

Presented by Feldman, Kramer & Monaco, P.C., provider of the Voluntary Legal Service Plan benefit
Presenter: Steve Kramer

A Will or a Trust? Which is better?

When it comes to protecting your loved ones, is having both a Will and a Trust is essential? There are many reasons why Trusts are preferred over Wills, but should you have both?

Listen to the on-demand recording and determine what you need and why:

  • About half of us will eventually become disabled. Wills don’t provide for disability. Living trusts help avoid guardianship.
  • Wills go through “probate court proceedings” to settle. Trusts avoid the expense and delay of court proceedings and death.
  • Wills don’t protect assets from nursing home costs. Trusts can provide powerful asset protection for your home and life savings.
  • Wills expose your assets and heirs to public scrutiny. Trusts are private—others won’t know what you had or who you left it to.
  • Trusts can protect inheritances from children’s divorces and keep assets in the bloodline for your grandchildren.
  • Trusts void the additional probates requires for your out-of-state property.
  • Trusts can protect your assets if your spouse remarries after your death.

The difference between a Will and a Trust is when they kick into action. A living revocable Trust becomes effectively immediately, while a Will lays out your wishes after you die. There are advantages and disadvantages to both. Learn more by viewing this webinar on demand.

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