Estate planning Granholm & Gynac Joliet, IL

Trusts when estate planning

You may be considering establishing a trust as part of your estate planning actions. There are key benefits to be gained from this course of action. These can include…

  1. Preventing the need for time and cost consuming probate
  2. Provisions in a trust can typically remain private; whereas a will must be filed with the Circuit Clerk within thirty days of an individual’s death, and then becomes a public record
  3. Establishing a trust provides more control over how and when your heirs or beneficiaries receive funds. This means that payments might be staggered or have specific conditions attached

To find out more about trusts, call our estate planning attorney team here at Granholm & Gynac, based in Joliet Illinois…

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