Divorce You should consult your lawyer if your marriage is ending. You will need sound professional advice to determine child custody, financial support and make a fair division of the property of the marriage. Your lawyer can also seek protection if your spouse threatens to assault or harass you, take your children in violation of custody or visitation rights, or hide property belonging to the marriage. Good legal health usually includes having an estate plan with a valid will. Without a will, your property may not be distributed as you desire, extra expenses and taxes may be incurred, and some family members may inherit your property against your wishes.
Trusts are another estate planning tool.
A trust is a document that allows you to transfer property to loved ones using a trustee to carry out your instructions. Trusts created in a will are called testamentary trusts. Trusts can also be created by a contract called a living trust. Living trusts can be useful estate planning tools for everyone, not just the rich. A living trust can help you avoid probate and keep your affairs private.