Drafting Wills and Trusts to Meet Client Needs
A significant part of an estate planning legal practice is drafting wills and creating trusts. At the Beckley, West Virginia, law firm of File Payne Scherer & File, our lawyers help clients achieve their goals for their families and their assets. We accomplish this by developing an instrument tailored to each client's specific needs.
To learn how we can help you develop a will or trust, contact our firm. Call us toll free at 877-248-027
Writing a Will
Some people hesitate to write their wills. They procrastinate, believing that they will have time to do it later. They may be reluctant to think about their own deaths. Whatever their reasons for not taking care of this important task, they should understand that the process is not difficult. Our attorneys help people begin by reviewing their assets and talking about the need for guardians of their minor children. We also help them complete other estate planning documents that should accompany a will, such as medical powers of attorney, living wills and durable powers of attorney.
Creating a Trust
Creating a trust is an excellent way to accomplish estate planning goals. Some people create trusts simply to avoid probate and protect the privacy of their heirs. Others develop trusts to provide for minor children or vulnerable adults in the family. Yet others turn to trust instruments to avoid taxation or provide for themselves should they become incapacitated. People who are seeking ways to accomplish goals such as these, or people who believe that a will may be inadequate for their circumstances, should meet with an attorney about forming a trust.
Our lawyers help clients develop trusts such as these:
- Life insurance trusts
- Revocable and irrevocable trusts
- Special needs trusts
- Testamentary and living trusts
An individual can develop a trust to accommodate almost any set of circumstances. Trusts can be used to protect spendthrift adult children or transfer assets to a charitable organization. A knowledgeable lawyer can advise about the options available and recommend the form that will achieve the client's goals.
Contact a Wills and Trusts Lawyer
For more information about drafting a will or creating a trust, contact File Payne Scherer & File. Call us toll free at 877-248-0278.
