Every person needs a Will. Some attorneys will try to push a client into establishing Living Trust, or a Revocable Living Trust, or an Irrevocable Living Trust. For most people, a Simple Will meets the needs of the vast majority of estates. A trust is generally only a necessity for estates of 2 million dollars or more. Millionaires need trusts. For the rest of the people in the world, a Simple Will will cover the needs of most people. Basic estate planning can avoid most estate issues merely by the eventual deceased directing how assets will be distributed after death while a person is living. There is no need to pay the added expense of a Trust, when a Simple Wills handles the same issue for considerably less expense. If you live in or around the Montgomery County, Tennessee area, feel free to set up a free Will consultation with the Law Firm of Gregory D. Smith at 931/647-1299.
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