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Estate Planning

Related Estate Planning Videos

Should I get a Will or a Trust?
- A will records your wishes regarding how to divide your property once you pass away. Your will can name a guardian for your young children or name an executor to close your estate. However, all property that passes by way of a will goes through the probate process, which can be time-consuming and expensive. A trust is a legal entity you create to hold your property. You can set up a trust to continue on after you die, or to end at your death, at which time the property passes to your heirs. Trusts are generally more expensive to create than wills, but they’re designed for complex purposes and can make up for the initial cost with tax benefits. A Pascagoula estate planning attorney can help you understand which tools make the most sense for you. https://www.cchmlawyers.com/practice-areas/estate-planning/ On Google: https://bit.ly/351e85c
What is Estate Planning?
- Estate planning addresses concerns for the future by putting legal tools in place to protect yourself, your family, and your property in the event of your incapacity or death, through wills, trusts, and other instruments. To protect vulnerable loved ones, your estate plan can name guardians for your children, and provide long-term wealth management for loved ones with special needs. An Mississippi attorney can help you select the right combination of estate planning tools for your situation. https://www.cchmlawyers.com/practice-areas/estate-planning/