Many people have heard of trusts, but they are not always sure what a trust actually does, whether they need one, or how it fits into a complete estate plan. While a will is an important document, it may not be enough to protect your wishes, your assets, or your loved ones from unnecessary court involvement, delays, and complications.
Join Brian A. Tully, Founder & Managing Partner of Tully Law Group, for our July webinar, Trusts: What Are They And Why Do I Need One?, where we will explain how trusts work, why they are commonly used in estate planning and elder law, and how the right plan can help families prepare for the future with greater confidence.
During this webinar, we will discuss:
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What a trust is and how it differs from a will
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Common misconceptions about trusts, including the idea that they are only for the wealthy
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How trusts may help families protect a home, provide for loved ones, maintain privacy, and avoid the costly court process known as probate
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The difference between revocable and irrevocable trusts
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How certain trusts can support asset protection, long-term care planning, and Medicaid planning
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Why proper funding of a trust is just as important as creating one
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Common mistakes families make when relying on a will alone
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How trusts fit into a broader estate plan that may include powers of attorney, health care directives, and care planning
Whether you are planning for yourself, helping an aging parent, or trying to better understand how to protect your family’s future, this webinar will provide practical information to help you take the next step.
