Wills, Estates & Trusts Attorneys
The document contains other important information and instructions, too. For instance, a will needs to name the fiduciary responsible for fulfilling its terms. Once the will’s creator dies, the personal representative of the will fulfills all instructions according to the law of probate.
Will creation is important even for the relatively young and healthy. If an accident were to happen, you risk having no influence over key decision-making when it comes to your money and property. In drafting wills, our Salem-based lawyers apply a meticulous attention to detail.
The Establishment of A Trust
A trust is a popular method of maintaining greater control over monetary and real estate assets. A person creates the trust while he or she is living, maintains control of it and is able to detail specific instructions well past the time of death.
The financial advantages and the controls offered through trusts make them invaluable estate planning tools.