Estate Planning Attorneys at PSED Educate Clients on Why a Trust is Necessary in Estate Planning

ANN ARBOR, Mich. - April 17, 2023 - PRLog -- Trusts aren't just for the wealthy or for complicated estates. They can be helpful for "average" folks like you! What do trusts do? How can trusts be used?

Trusts are structured to achieve your specific goals, providing tools for the trustee to balance those goals with prevailing investment and economic factors. The first step is to determine whether you'll fund a trust now, make periodic gifts over time to the trust or wait to fund it at your death.

Regardless of your stage in life, consult an estate planning attorney in Ann Arbor to create your estate plan with a last will and a trust.

If your estate is likely to be greater than $1 million, includes real estate in more than one state or a family business, a trust is essential, and you should name a trust company as the successor trustee.

Learn more about why trusts are important here (https://www.psedlaw.com/learn/more/why-have-a-trust-estate-planning-attorney-ann-arbor).

Need help from an expert family law or estate planning attorney in Ann Arbor? Pear Sperling Eggan & Daniels, P.C. can discuss your case and help you decide your needs.

About Pear Sperling Eggan & Daniels, P.C.: Pear Sperling Eggan & Daniels, P.C. is one of the oldest law firms in Washtenaw County, Michigan. Founded in 1948, Pear Sperling has adapted with the ever-changing needs of clients and flourished into a well-respected and successful law firm, trusted by clients, judges and other attorneys. Top Rated Michigan Superlawyers^®, AV^® rated, and their attorneys are held to the highest rating possible based on peer review. https://www.psedlaw.com