Wealth Management | Investment Advisory | Private Trust and Wills

When thinking and planning for the future, ensure that all your assets are managed according to your wishes, etc. Though both serve similar purposes, they differ in terms of functionality, control, and privacy. The blog entails short information on private trust and wills , and tells you which one is most applicable for you.       What is a Will? A will, or last will, constitutes a legal document that delineates your wishes concerning the distribution of your assets, the care of any minor children, and other personal matters after your demise. It enables you to designate an executor, who shall be responsible for managing your estate, settling debts, and distributing assets to your beneficiaries according to your directives.   Key Features of a Will Simplicity : Creating a will is quite straightforward, and it's a wonderful way to specify a variety of personal and financial decisions, such as choosing guardians for minor children. Probate : When you have a will, it go...