Whether you have assets worth millions or a modest home and savings, it is important that you protect your future and your family's future. At Turkelson Law Firm, we respect our clients and work hard to create wills and trusts that are designed to protect and extend their assets while ensuring their wishes are observed during their life and after they pass on.
A last will and testament is a legal document in which you can define exactly how your money, real estate and other assets will be transferred after you die. You can will your possessions to whoever you want, in whatever portions you wish.
Many people die without first drafting a will. When that happens, their money and property must be apportioned in an expensive and time-consuming probate court process, the outcome of which neither you, nor your family members, have control over.
By drafting a will through the Turkelson Law Firm, you can save your loved ones the hassle of probate while assuring that your wishes will be obeyed.
Trusts are extremely powerful and flexible, but less understood, estate planning vehicles. Through a trust, you can reserve money for a specific use — such as for your spouse's health care, your grandchildren's education, or a philanthropic cause — while enjoying tax advantages and protections from creditors and lawsuits. There are many forms of trusts designed for many specific purposes. What they have in common is their utility. A trust can be structured to benefit you or a loved one during your lifetime and after you die.