Our clients will sometimes ask whether a will or a trust is better suited to their estate planning needs. Our answer? It depends. We have created this Will vs. Revocable Trust vs. Irrevocable Trust document to highlight the important characteristics and advantages that each kind of estate planning vehicle provides in terms of cost, time savings, ease of administration, tax savings and asset protection. Reviewing this document may help you get a better sense of your own estate and tax needs and which vehicle may be right for you. Our experienced attorneys are happy to work with you to create a personalized estate plan that involves a will, a trust or a combination of the two. We welcome you to download the document below and begin the estate planning conversation with your family and loved ones.
