Will Plan

• Requires court supervision of the administration of your estate (Probate)
• Allows you to nominate a “Personal Representative” to handle the administration of your estate.
• Details whom you wish or do not wish to inherit from your estate, and how that person should inherit (i.e., outright or in continuing Trust).

Two Trust Plan

Suitable for a married couple who do not have a common plan of distribution and who do not wish to hold their assets jointly.

An example would be a married couple where one or both spouses have been married before and have children from previous marriages. Husband does not want to commingle assets because he has inherited a substantial sum of money from his mother and has kept those funds in a separate account. Husband wants to provide for Wife after his death, but wants to ensure his assets go to his children after Wife’s death.

Individual Trust Plans

These are suitable for a single individual or for unmarried individuals living with a partner. An example would be, a plan for an individual who wants to avoid probate and simplify the administration of their estate.

Joint Trust Plans

These are suitable for a married couple who have a common plan of distribution and wish to hold their assets jointly. An example would be married couple in a first marriage, with children born from the marriage, or legally adopted, who want to distribute their estate equally to their children.