Wills and Trusts Prepared
In Glendale AZ
- Ensure Your Family Keeps Your Assets
- Responsive, Communicative
- Over 30 Years Experience
- Discover the Holt Trust Difference
- Call Today To Schedule Your Consultation Speak to an Attorney
Why Do I Need a Will or Trust?
Having a will or trust is crucial, especially if you're married or have children because it ensures your assets are distributed according to your wishes, provides financial security for your family, and designates guardians for your children. It also helps avoid lengthy and costly probate processes, giving you peace of mind knowing your loved ones will be taken care of in the event of your passing.
What is the Difference Between a Will and Trust?
A will is a legal document that outlines how you want your assets distributed and who will care for your minor children after you pass away. It goes into effect only after you die and must go through probate, a court-supervised process.
A trust, on the other hand, can go into effect while you're still alive and allows you to transfer assets to beneficiaries without going through probate. Trusts can offer more privacy and control over asset distribution, particularly if you want to manage how and when your assets are distributed to your beneficiaries.
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Compare Holt Will and Trust Plans
No Plan
DO NOTHING. . .Your assets will not be protected. The State may take everything and your heirs will helplessly end up in probate.
Your end of life health care will be decided by the State because your wishes will not be known or official.
Your children become wards of the State and your heirs will fight over who gets them. Your children could be bounced around among foster families until matters get settled, which could take years, making their lives a misery.
Family Protection Plan
FOR THE FAMILY WHO. . .Doesn’t have assets that would have to go through the court process called probate, but do want to guarantee their minor children are well cared for no matter what.
Your health care wishes are turned into directives and your loved ones are able to access your assets using a durable power of attorney if you become incapacitated.
YOUR FAMILY PLAN. . .
Is a will-based plan that provides the peace of mind of knowing that you have covered the basics. It includes Health Care Directives and Powers of Attorney and will ensure that if anything happens to you your children will be taken care of by the people you want, in the way you want and are never taken out of your home by the authorities.
Trust Centered Plan
FOR THE FAMILY WHO. . .Wants the total assurance and peace of mind that comes from knowing Family Wealth will be transferred to heirs with the most ease and convenience possible in the privacy of our office without court involvement.
Clients choosing the Trust Plan may also opt to protect your beneficiaries’ inheritance from lawsuits, divorcing spouses and creditors and to protect your retirement accounts as well.
YOUR TRUST PLAN. . .
Is a trust-based plan that gives you confidence based on the knowledge that we are here to help you navigate the system during life and for your family after you are gone. The Trust Plan also includes Wills, Health Care Directives and Powers of Attorney so that you know that you personally are as well taken care of as are your assets. All asset transfers are taken care of by us.
Purposeful Legacy Plan
FOR THE FAMILY WHO. . .Has a higher level of risk due to their financial success and wants the highest level of legal protection available. By combining their asset protection plan, their estate plan and their business plan we achieve a ‘perfect storm’ type of solution. This plan is appropriate for families with substantial assets or substantial earning capacity who recognize the risks inherent in such success and are willing to be proactive in protecting themselves.
YOUR LEGACY PLAN. . .
Is based on a Domestic Asset Protection Trust (DAPT) that is used as your personal holding company for subsidiary entities (LLCs, Limited Partnerships or Corporations) that allow us to create layers of protection for your family while simultaneously gaining the benefits of a revocable trust for probate and tax avoidance.
Got Will or Trust Questions?
Our Estate Planning Services Offered Include
Wills and Trusts
Retirement Planning
Tax Planning
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