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Wills, Trusts & Estates

A will is the written document by which you express your wishes as to how your assets are to be disposed upon your death.

A trust is basically a contractual agreement by which a person, usually called the settlor or donor, gives property to another person, who can be an individual, a group of persons, a bank, etc., with directions to that person -- who is called a “trustee” -- to hold that property for the benefit of another person or persons or class of persons.

Estate planning means creating and signing the documents, such as a will, which will control how your assets move after your death.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Copyright @ 2009 Michie Hamlett Lowry Rasmussen & Tweel, PLLC

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