A Will directs how your property should be distributed. Unlike a Living Trust, a Will must be probated and can only take effect after death. Wills can be a cost-effective solution for young people or those with smaller estates. In addition to the basic Will, Estate Crafters also offers Wills to meet special needs including the Maritalized Family Trust Will, the Disclaimer Trust Will and the Family Contingent Trust Will.

A Will Is No Longer Enough: Many people have diversified their assets into 401(k) accounts, IRAs, annuities and other savings and investment vehicles. Where once a simple Will was enough, this added financial complexity comes with an increasing need to plan. Today, a comprehensive plan including a Living Trust, Back Up Wills, Powers of Attorney, Health Care Directives and other special beneficiary designations may be needed.

A Will:
• Has no effect or usefulness until its maker dies.
• Must be probated in a court proceeding.
• Typically requires 6 to 24 months to settle in Probate Court.
• All probate documents are open to the public.