In the world of estate planning, there are many different ways to try and ensure that your family can be cared for after you have passed away. Some people prefer a will while others may choose life insurance or a trust to take care of their loved ones.
Whether you want a will, trust, power of attorney or any other type of plan in place before death, you should know that these plans must be drafted by an experienced lawyer who knows how to work with your particular needs and circumstances. While it’s true that some wills allow individuals like children access to their parents’ assets at death (such as when they reach 18), this does not mean that everyone is able to benefit from such arrangements; this means only those trusts designed specifically for such purposes apply. You should never sign anything without having legal counsel review it first!