It’s easy to put off estate planning, especially when you’re busy raising a family, but the sooner you draft a will, the sooner you will have peace of mind. An attorney from Stayton Law in Stayton, OR, will help you ensure your spouse and children are taken care of if anything happens to you. Depending on your situation, you may want to draft a will, set up a trust, or both; they know how to do it all.

The Benefits Of A Living Will

A living will is a way to ensure your wishes are carried out as you approach the end of your life. For example, if you ever become terminally ill or enter a vegetative state after an accident, you can stipulate any treatment wishes you have in your will. If you have minor children, you will also designate guardians for them in case anything happens to both you and your spouse. In addition, one of the greatest benefits of a drafting living will during the estate planning process is ensuring your property and assets are distributed according to your wishes.

The Benefits Of A Trust

Unlike assets distributed in a will, those placed in a trust don’t have to go through the probate process. This means any beneficiaries will receive their property from your estate much quicker after you pass away. In addition, a trust allows you to leave more assets for your beneficiaries because they don’t have to use part of the estate to cover court fees during the probate process. Another benefit of living trusts is they remain private, whereas, a will becomes public record after you pass away.

If you are considering drafting a will or trust, turn to Stayton Law in OR. Visit the website to learn more about their experience in estate planning, and call (503) 769-7741 to schedule an initial consultation today.