Should I Have a Trust

 © William D. Slicker, 2012

            Everyone should probably have a will. Whether someone needs a trust depends on the size of the person’s estate as well as who the beneficiaries are. Since the federal estate tax exemption has been greatly increased, the majority of people no longer need to use a trust to avoid federal estate taxation. However, the person may still have an estate that is large enough that they wish to keep their assets from going through the process of administrating of a will.

            There are also people who may have a beneficiary who is a minor or who has not been able to manage money due to a mental condition or an addiction problem, and a trust may be the best way to dole out money over time to protect the beneficiary.

            If you would like to discuss setting up a will or a trust, please contact the office of William D. Slicker, P.A. to set up an appointment.

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