The Importance Of Establishing A Will
Have you thought about preparing your last will and testament? Creating a will is easy to put off, but taking a few simple steps today can achieve a number of important objectives. Key advantages of having a will in place include:
- Deciding how your wealth and assets will be divided upon death
- If you have minor children, appointing a trusted person to serve as their guardian in the event you can no longer care for them
- Appointing a trusted person to serve as the executor of your will
- Sparing your loved ones the uncertainty (and potential conflict) that would arise in the event you died without a will
At Calton Hamman & Wolff, P.C., our attorneys have extensive experience drafting, reviewing and revising wills for clients in Billings and throughout surrounding areas. Our attorneys will work with you personally to learn about your priorities, trepidations and wishes for your loved ones, so we can draft wills and other estate planning documents that truly reflect your wishes.
Protecting Assets With Trusts
Trusts are an effective tool for preserving and managing wealth and assets. When you establish a trust, you are effectively empowering a third party to hold assets for the benefit of another, such as a relative or favorite charity. Trusts can perform a number of functions, from minimizing tax liabilities to setting aside assets for a disabled loved one, to allowing property to pass through the probate process.
Our attorneys can help you explore all of the trust options available to you, including revocable trusts, special needs trusts and charitable remainder trusts. We can help you choose the right types of trusts to support your overall estate planning and asset protection goals.
We Are Here To Help
Estate planning does not have to be a difficult, complex process. Our lawyers are here to handle all of the legal details and make it as easy and stress-free as possible for you. To arrange a consultation with one of our experienced estate planning lawyers, please call our law offices at 406-206-4827 or contact us online.