Having a living trust will protect your family in case something happens to you. Unlike a will, a trust can transfer your properties and other assets to your family quickly without going through a costly and complicated probate process. And unless anything happens to you, you can also keep everything under your control, and designate a successor trustee to take over when you become incapable of doing so.
Unfortunately, many people know about the benefits of a trust but still delay getting one. Below are the most common reasons why people delay setting up their trust:
1. You think having a Living Trust is expensive
Many people assume that a trust is costly without even doing their research. The truth is, as with other financial services, you have to shop around to find a good service and great value. In fact, some companies like Heritage Living Trust offers Free Life Time Changes and Free Lifetime Support. With perks like that, having a trust can be more affordable than you expect.
2. You are afraid that dealing with attorneys will be complicated
Heritage Living Trust has been helping clients to set up their living trust for 25 years, and their staff has worked with many clients of different backgrounds. Because of the service-oriented nature of the business, their living trust staff always aims to make the process as simple as possible for the client. Everything is explained in plain language. Should you have any question, they are always available to support you.
3. You don’t want to talk about the possibility of death
No one ever passed away because they set up a living trust to protect their loved ones. It can be uncomfortable to picture unfortunate events. However it is wiser to be prepared for the worst. If there is someone important in your life, taking care of them now and in the future should be the priority.
4. No one has talked to you about getting a trust
The possibilities sometimes don’t even enter a person’s mind, and that’s normal. However, it is smart to get yourself educated on the topic as soon as you can, and talk to your loved ones about that as well. The sooner you start, the sooner your family gets protected.
Sometimes we tend to focus on certain things at hands and forget about future prospects, but that is not wise. Supporting your family right now is important, but it is even more crucial to take care of them after you are gone. Having a living trust is the first step to ensure that your family future is taken care of. Contact a specialist at Heritage Living Trust today to start planning for your simple, affordable and effective solution!
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