Share:

Many attorneys hear their clients use the words “wills” and “trusts” interchangeably. However, they are two completely different methods of estate planning. At Bitar & Bitar, LLP, in New Kensington, PA, they have an attorney at law who can assist with free legal advice and offer consultations to educate potential clients on the benefits of establishing wills and trusts.

Wills are documents that a lawyer draws up for a client to determine how they want their property distributed after their death. It may also appoint a representative who is responsible for carrying out the will. A trust, on the other hand, is an arrangement that may be done through a law firm or even a bank that holds property. Sometimes it can be distributed before a death to a “trustee” who is responsible for distribution.

A benefit of setting up a trust is to avoid the probate process in court. Wills are overseen by the courts to distribute property accordingly, while a trust can save both time and money by avoiding the court system altogether. Another advantage of developing a trust rather than a will is that a trust is private while a will is public record.

If you live in the New Kensington, PA, area and are interested in speaking with an attorney at law who can describe the advantages of setting up wills and trusts well in advance, contact the team at Bitar & Bitar, LLP today. Their practice can be reached by calling (724) 339-1025 and speaking with a paralegal to arrange a free consultation appointment with the attorneys.

tracking