Legacy Estate Programs 401 College Ave.
Controversy erupts when something held in high regard is questioned.
Since so many Americans fail to leave even the simplest legal will, others fear that questioning the traditional will may frighten the public from planning their estates at all. If better alternatives are available and if more thoughtful estate planning is the result, it isn't irresponsible. Although wills have for centuries been the most popular method for transferring assets from one generation to the next, trusts have been equally as effective or better estate planning tools. Recent marketing of the living trust has many questioning if wills are the most effective planning tool. Critics of the living trust have pointed out the opportunity for many planners' self interest to dominate the planning.