Early adulthood is a good time to start planning how to finance your retirement and distribute your assets when you are gone. At Stayton Law, in Marion County, Oregon, a will attorney explains the importance of wills, trusts, and estates in this process. This law office has a long history of providing legal advice and meeting the estate planning needs of individuals throughout the area.

Here’s how wills, trusts, and estates affect your ability to create a sound financial future for yourself and your loved ones: 

• Wills: Writing your will lets you determine who receives your real and personal property, business interests, and other assets after you pass away. It also allows you to designate a guardian for your minor children and provide for pet care. Once you prepare your will, review it periodically, and update it when events occur, including marriage, divorce, and the birth of children and grandchildren.   
• Trusts: Creating a trust preserves financial resources for minor children and other loved ones. Getting legal advice about establishing special needs trusts is crucial for estate planning, to ensure access to certain government benefits.
• Estates: Estate planning is essential for childless couples and single individuals too. If they die without wills, their estates may go to parents, siblings, or the state. Not having a will or trust can cause stress for surviving relatives who may not be able or willing to be responsible for estate administration.

Stayton Law offers legal advice for every stage of planning for disposing of estates, from drafting wills and creating trusts to carrying out probate responsibilities. You can rely on their careful attention to each detail of your estate plan, whether you create a trust for your children or prepare a medical directive for yourself. Their attorneys want you to have peace of mind.     

Start planning for your bright future by contacting Stayton Law in OR. Call the law office at (503) 769-7741 to schedule an appointment with a will attorney. Visit the website, and like them on Facebook for more details and updates.