The Accessible, Accomplished Representation You Require

  1. Home
  2.  » 
  3. Estate Planning
  4.  » Wills And Trusts

What Wills And Trusts Can Offer You

Wills and trusts are the cornerstones of a strong and reliable estate plan. The key to creating an estate plan with confidence is understanding what these areas of estate planning can offer you and how you can make the most of them. Instead of trying to create a will or trust on your own or online, let a skilled lawyer help you through your estate planning needs.

At Banjak & Associates, LLC, we have more than 30 years of experience helping clients throughout St. Louis with their estate planning needs. We are here to help you with all of your will and trust needs.

The Benefits Of A Will

Creating a will is a staple to any effective estate plan. A proper will can help you outline who you want to inherit specific assets after your passing. In addition to ensuring which loved ones will receive assets like real estate, vehicles, heirlooms and collectibles, you can also specify who you do not want to inherit anything from you. We can also help you create a living will, which specifies your medical wishes for when you are unable to speak or act on your own behalf.

A Trust To Meet Your Needs

A trust is a legal document that also passes on assets to a beneficiary, but there are some differences from a will. There are multiple types of trusts that grant you more control over how you distribute your assets. Two of the most common forms of trusts include:

  • Revocable trusts: These trusts can be changed while the grantor (the person who created the trust) is still alive, such as by changing the assets in the trust or who receives them.
  • Irrevocable trusts: These trusts cannot be changed, making them incredibly secure, but you also need to be certain that the arrangement of the trust you are creating is correct.

Trusts can allow you to distribute your inheritance before your passing and even help beneficiaries avoid some inheritance taxes.

Create A Plan You Can Count On

If you do not have a will or trust in place for your estate plan or have not updated it in some time, now is the best time to reach out to our Missouri team for the help you need. Call us at 314-886-5001 or email us here to schedule your initial consultation today with an attorney you can rely on.