Most Americans do not know how their assets will be divided once they die. Arizona attorney Steve Allen, known as the "estate planning doctor," has started a website to explain the complicated subjects of wills and trust.
(PRWEB) September 24, 2007 -- Many families are unaware of the benefits of a trust.
Most Americans don't have a plan that outlines how to distribute their estate when they die. When asked what the common method is for deciding how to distribute assets after they pass away, most reply, "the will."
What most people don't know is that a will may not be the best tool in estate planning. Steven Allen, known as the "Estate Planning Doctor," has established a website, www.willsvs.trust.com, to discuss the difference between a will and a trust. Allen has worked with thousands of clients for more than 30 years and brings this expertise to this website.
"Most people know what a will is," Allen said, "but most are not sure what a trust is or how to establish one for their families."
On his website, Allen explains:
- How a trust protects your privacy
- The difference in bottom-line costs between a will and a trust
- How a trust can help families avoid probate
- The definition of a "living trust."
Allen also explains how to shop around for an attorney, listing 14 steps that people need to take before hiring an estate planning attorney.
"Many people see estate planning as a lot of 'legalese' because that is what lawyers want you to think," Allen said. "On this website, I break down the complex issue of estate planning, wills and trusts so that anyone can understand it."
Steven W. Allen has been helping clients plan their estates for more than thirty years. He has clients in more that 30 states and several foreign countries. In addition to practicing law, Steve is a professional speaker. He is the author of six books and many articles. Steve is a member of the State Bar of Arizona, the National Lawyers Association, the National Academy of Elder Law Attorneys, and the National Speakers Association. He and his wife, Linda, have five children and eight grandchildren. They live in Mesa, Arizona. For more information about his products and services go to www.estateplanningdr.com or call (480) 644-0070.
Source: PRWeb: Legal / Law
1 comment:
Awesome site, a lot of people do not know enough about wills and trusts and how important they can be
Post a Comment