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Trusts & Wills Attorneys in Tacoma
Every estate planning attorney knows that the best way to protect your loved ones is to make a will. However, a will is only one part of a comprehensive estate plan. It is important to create a plan that can cover all of your needs and that can be easily adjusted over time. One of the best ways to do this is to create additional estate planning documents.
At McCarthy Law Office, PLLC, we make sure that each of our clients has the documents they need to create a comprehensive estate plan. We can help you create a living will, durable power of attorney, health care proxy, and more. We can also help you create a trust, a powerful tool that can help you protect your assets while also providing benefits to your loved ones.
Do you need help creating a comprehensive estate plan? Call our Tacoma trusts & wills attorneys at (844) 224-5029 or contact us online today.
What Is a Trust?
A trust is an estate planning tool that can help you protect your assets, control who receives those assets, and provide benefits to your loved ones. A trust is an agreement between a trustee, who controls the trust, and a beneficiary, who receives benefits from the trust.
The trustee controls the trust and determines how the trust's assets are distributed. The trustee can be a person or an organization, such as a bank. The beneficiary receives benefits from the trust. The beneficiary can be a person or an organization. For example, a trust may provide benefits to a child attending college.
A trust can be created during your lifetime or after your death. A living trust allows you to make changes at any time. A testamentary trust is created after your death. A testamentary trust is often referred to as a will substitute.
A trust can provide benefits to your loved ones while also protecting your assets. The trustee can determine how to distribute the trust's assets, and the beneficiary may not receive the full value of the trust's assets. For example, the trust may provide benefits to a child attending college, but the trust may not provide enough to cover the full cost of tuition. The trust can also provide benefits to charities and other organizations.
Additional Estate Planning Documents
The documents that you need to create a comprehensive estate plan can seem overwhelming. However, each document has a specific purpose and can provide benefits to your loved ones. It is important to create a plan that can cover all of your needs and that can be easily adjusted over time. Our Tacoma trusts & wills attorneys can help you create additional estate planning documents.
We can help you create the following documents:
- Living will:A living will explains your end-of-life wishes and can help your loved ones make difficult decisions at a time of grief.
- Durable power of attorney:A durable power of attorney allows you to appoint someone to make financial decisions for you if you become incapacitated.
- Health care proxy:A health care proxy allows you to appoint someone to make medical decisions for you if you become incapacitated.
- Living trust:A living trust allows you to make changes at any time. A living trust is often referred to as a will substitute.
- Pou trust:A pou trust allows you to create savings accounts for your children.
We can help you create additional estate planning documents that can help you protect your loved ones and meet your specific needs. Our Tacoma trusts & wills attorneys can help you create a comprehensive estate plan that can provide benefits to your loved ones while also protecting your assets.
Call for a Free Consultation
At McCarthy Law Office, PLLC, we make sure that each of our clients has the documents they need to create a comprehensive estate plan. We can help you create additional estate planning documents and can provide you with all of the information you need to make informed decisions. We can also help you create a trust, a powerful tool that can help you protect your assets while providing benefits to your loved ones.
Call our Tacoma trusts & wills attorneys at (844) 224-5029 or contact us online to schedule a free consultation.
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