03-12-2023, 04:42 AM
A will is a document that dictates the distribution of an estate, after the principle has passed. It is overseen by the courts, the state, it takes time and there’s taxes involved. A trust oversees, administers, the assets of a principle while they live, and outlives them in the event of their death. As such, there is nothing for the state to oversee, meddle in. For instance, if you have property and wish to leave it to your kids, it’d be best to transfer the title to a trust in which both you and your kids are a part. Then when you pass they already own, and can just carry on without any involvement with the state.
By far the best trust attorney in Hilo for these types of concerns in Paul Booth. Whether he still has a forward facing practice, ie is taking on new clients etc., I have no idea.
By far the best trust attorney in Hilo for these types of concerns in Paul Booth. Whether he still has a forward facing practice, ie is taking on new clients etc., I have no idea.