Especially for parents, there are many benefits to having a will and trust established. With just a little planning, you'll gain peace of mind knowing that your loved ones will always be cared for and your wishes are known. Plus, it no longer takes a lot of time or money to create a will or a trust.
When is it a good time to do a little research and decide if these are right for you? We recommend creating your documents and accounts when you're a new parent, growing your family, or have money you'd like to be designated for your children or other beneficiaries.
Here we'll share what is a will and trust; why you should consider having them; and the best way to get started.