Build a Personal Estate Plan in Minutes

Estate planning is preparing tasks that will manage an individual's finances and wishes if they become incapacitated or pass. Estate plans can include what and how assets are handed to heirs, what will happen to any living minors or pets, health care and insurance planning, and the settlement of accounts, debts and taxes.

Wills are legally binding documents that establish your wishes for the care of any dependents, your assets and property. By having a will, you establish a set of rules to be followed in the event of your death or incapacitation. The will helps to simplify and communicate your wish to your family and friends.

A trust is a fiduciary relationship that establishes a trustee to hold title, property and assets of the trustor (also called a settlor or donor), the person who places the assets into the trust, and ensure they are properly distributed to the trustor’s beneficiaries.

When a person doesn’t have a will or trust at the time of their death, they are what’s called “intestate.” Each state has its own laws for intestate succession and those will determine how your property, bank accounts, securities, real estate or other assets are distributed upon your death.

 You should consider having a will or trust if you want to:

• Choose beneficiaries and what they receive.
• Determine who would care for your dependents.
• Set aside money for estate taxes or to be donated to charities of your choice.
• Use a trust to protect your assets, avoid probate, guarantee provisions for minors, reduce estate taxes and maintain privacy for yourself and your family.

Yes, Trust & Will guides you through the process step-by-step based on your needs, wishes and the laws which govern your state. Once you determine your needs, you’ll be prompted through the process to set up a will or trust. The system includes access to client service, including the ability to chat with Trust & Will specialists as needed.