Crockpot vs French Cuisine in Estate Planning

Creating a will is akin to using a crockpot: you set it and forget it. Once a will is drafted, signed, and properly stored, it typically doesn't require constant attention. It outlines how your assets will be distributed upon your death, providing peace of mind without ongoing effort.
In contrast, creating a trust is like mastering French cuisine. It demands continuous management and precision. With a trust, you must ensure that assets are correctly titled in the trust's name and regularly update it to reflect changes in your financial situation. Just as French cooking requires attention to detail to achieve a perfect dish, managing a trust requires vigilance to ensure it holds the accurate assets and functions as intended. This active involvement ensures that the trust provides the intended benefits, protecting and managing your assets effectively throughout your lifetime and beyond.
Tiffany Webber is a real estate attorney and owner of Thomas & Webber, a real estate law firm in Mooresville, North Carolina. They handle both commercial and residential real estate closings, estate planning, and business formations.
If you'd like to work with Thomas & Webber, please email [e-mail]
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Thomas & Webber
514 Williamson Rd.
Suite 421
Mooresville, NC 28117
704-663-1600
www.thomasandwebber.com

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