Understanding The Importance Of Wills And Trusts

Wills and trusts, along with living trusts, powers of attorney, advance health care directives, business succession planning, charitable giving, tax minimization instruments and guardianships or conservatorships if needed, are the basic building blocks of any solid, forward-looking estate plan.

The last will and testament explicitly states a decedent's wishes for distribution of assets and property to heirs and beneficiaries. This document activates at the time of a person's death, whereas a trust is time-sensitive — and often vulnerable to misrepresentation and misappropriation of funds.

At the Lubnau Law Office, PC, in Gillette, serving estate planning, estate administration and probate clients across Wyoming since the 1930s, our attorneys want you to have a general idea of the purposes and benefits of wills and trusts, both revocable and irrevocable, before you come in to see us. At your initial consultation, we can explain further just how a will and trust can eliminate problems down the road, in the event of differences between family members over the validity of these documents.

The Broad Experience And Deep Roots Our Clients Need

Are you finally getting around to assembling the estate plan that's right for you? Estate planning isn't just for retirees — individuals, heads of households, business owners and families with young children can benefit from customized plans and refreshes of existing plans. A proactive estate plan can protect survivors against the possibility of time-consuming, expensive, stressful probate proceedings in the future.

Have you become embroiled in a will contest that threatens your position as a beneficiary? Our lawyers conduct detailed research and offer aggressive advocacy when allegations of undue influence and incompetency cast doubt for a positive outcome.

Bring your goals, questions and concerns to our law offices — and we will address them all, honestly and accurately. Contact the Lubnau Law Office, PC, by phone at 307-622-1345, or by email message from this website.