How Modern Law Supports Clients in Creating, Preserving, & Transferring Wealth At Modern Law, our primary mission is to assist clients in creating, preserving, and transferring wealth across generations. We understand that the journey of wealth management encompasses several crucial stages: creation, preservation, and transfer. Each phase is vital to ensuring that our clients’ assets
Trusts can save you time, money, and stress when it comes to estate planning. It is important for any family to be prepared for the unexpected or inevitable. We all expect to pass away at some point, and having a solid plan in place will afford you peace of mind for the years to come.
Trusts are widely regarded as the ideal estate planning tool, seamlessly transitioning assets from legacy to heir. While many people consider trusts primarily for estate planning later in life, there are compelling reasons to establish a trust sooner rather than later. What is the Ideal Age? There is no ideal age to establish a trust.
There is often a debate between choosing a trust and a will. Frequently, the decision hinges on cost. Trusts generally have a higher upfront cost compared to wills. However, trusts can save money in the long run. After passing away, heirs will need to legally access and distribute the estate. This process is typically much