Estate planning in the creation of custom legal documents to protect you during your life. Effective estate planning also eliminates administrative challenges about asset distribution. Snake River law helps families create tailored estate plans that address not only your current situation, but your goals for the future.
A living trust allows the transfer of real estate without probate. Real estate includes your main home as well as recreational properties in other states.
A living trust protects blended families and families with minor children by ensuring children receive their inheritance in a responsible manner. A will alone means your children would receive their inheritance in a lump sum without any restrictions.
Living trusts allow for a smooth business transition to your heirs, whether it be continued operation or or liquidation of the business.
Living trusts ensure disabled heirs receive their inheritance while also protecting their state and federal benefits.
Without a living trust, your entire estate will be subject to probate upon your death or incapacity. In Idaho, the process costs $3,000 – $10,000 on average and a minimum of six months to complete.
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