estate planning process

When people think about estate planning, they often think of a will. While a will is an important tool, it is not always the best option for every situation. Many families in Washington benefit from setting up a trust as part of their estate plan. At the Law Office of Erin Bradley McAleer, we help clients understand their options and create plans tailored to their unique needs. Here are a few reasons why a trust may be right for you.

Avoiding Probate

One of the main advantages of a trust is that it allows assets to pass to your beneficiaries without going through probate. Probate is the court-supervised process of validating a will and distributing assets, and it can be lengthy, public, and expensive. A properly drafted trust avoids probate altogether, ensuring your loved ones receive their inheritance more quickly and privately.

Greater Control Over Asset Distribution

Trusts offer flexibility that wills cannot. You can set specific terms for how and when your beneficiaries receive their inheritance. For example, you may choose to stagger distributions over time, protect assets from being spent all at once, or provide for a loved one with special needs in a way that won’t jeopardize government benefits.

Certain types of trusts can help protect your assets from creditors, lawsuits, or divorce settlements. While not every trust provides this kind of protection, many clients use them as a way to safeguard family wealth for future generations.

Planning for Incapacity

A trust isn’t just about what happens after you pass away. If you become incapacitated due to illness or injury, a trust allows a trustee you’ve chosen to manage your financial affairs without the need for court intervention. This ensures that your bills are paid, investments are managed, and loved ones are cared for without unnecessary delays.

Privacy

Unlike wills, which become public record during probate, trusts remain private. This can be especially important for families who value confidentiality regarding their finances and estate.

When a Trust May Not Be Necessary

While trusts offer many advantages, they aren’t right for everyone. For smaller estates or simple distributions, a will may be sufficient. The key is understanding your goals and the best legal tools to achieve them.

How We Can Help

At the Law Office of Erin Bradley McAleer, we guide clients through the estate planning process, helping them decide whether a trust is the right fit. We draft trusts tailored to each client’s needs, ensuring their assets are protected, their wishes are honored, and their families are supported.

If you’re considering a trust as part of your estate plan, contact the Law Office of Erin Bradley McAleer today for a consultation. We can help you make an informed decision about your future and your legacy.