Trusts & Estates Attorney in Great Falls, MT

Estate planning is critical because it allows you to ensure that your assets are distributed according to your wishes after your passing. It also outlines a clear plan for your heirs, reducing legal complications and preventing family disputes.

Moreover, effective estate planning can offer peace of mind, as you’ll know that your loved ones will be taken care of according to your personal design.

A living will is a document that articulates your preferences for medical treatment in the event that you become unable to communicate them yourself. It's focused on your healthcare and end-of-life wishes.

By contrast, a last will specifies how you want your assets and property distributed after your death. It can also include guardianship decisions if you have minor children.

Setting up a trust can be beneficial for many reasons.

For one, trusts allow for more private (and often quicker) distribution of assets compared to traditional wills, as they typically bypass the probate process. They also provide a higher degree of control over how and when your assets are dispersed to your beneficiaries, which can be especially helpful in complex family situations or for minimizing tax liabilities.