Daphne, AL Wills And Trusts Lawyers

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Taking the first step towards a comprehensive estate plan can be a daunting prospect. Maybe you don’t feel “educated” enough on the topic, so you’re not sure what you want or need. Maybe you don’t even think you need an estate plan, because you’ve fallen victim to myths such as that they are only for the elderly or for the uber-wealthy. Or maybe you’re simply intimidated by the idea of working with an attorney.

At the end of the day, the reason why you’re putting off this important task doesn’t matter; what does matter is your protection, and that of your family’s, which is why it’s time to take action. When you choose The Ladd Firm, you don’t need to be intimidated or hesitant about working with our Daphne wills and trusts lawyers. We pride ourselves on our warm and sincere service, and our clients can attest to that.

We don’t just hand over paperwork for you to sign and send you on your way – we take the time to get to know you, to explain your options, to empower you with information, and make sure each component of your will and trust is completely customized to your needs and goals.

This process starts with an estate planning seminar that is available both in-person and on-demand. Once you have completed the seminar, you will be entitled to a free phone consultation with one of our dynamic Daphne wills and trusts lawyers! Call today to get started.

Daphne Wills And Trusts Lawyers

Significance Of Having A Will

You are likely familiar with a will, either from your own personal life or from movies and television; it is the traditional document in which you list everything you own (all your money, property, and belongings) and the heirs you would like to inherit those assets. Having a will is essential because it clearly outlines how you want your assets and property distributed after you pass away.

Without a will, the court will be the one who decides who gets what according to strict legal rules (called laws of intestate succession), which may not align with your wishes. A will also allows you to name a guardian for any minor children you have to ensure they are cared for by someone you trust. Again, if you don’t take the time to make this decision through the correct legal channels, the court will make the choice for you.

Additionally, having a will can help prevent disputes among your family members and provide you with peace of mind knowing that your affairs are in order, no matter what the future may bring. It’s a crucial step in ensuring that your loved ones are taken care of and your final wishes are respected. Our skilled Daphne wills and trusts lawyers can draft various types of wills, including:

  • Simple wills
  • Testamentary wills
  • Mutual wills
  • Living wills (advance directives)
  • Pour-over wills
  • Conditional wills
  • And more.

Significance Of Having A Trust

Unfortunately, movies and TV have led far too many Americans into believing a will is all they need to ensure the timely and precise distribution of their assets, and this simply isn’t true. While a will is an essential estate planning tool that can serve as a sort of roadmap for distributing your assets according to your wishes, it won’t prevent your estate from having to go through the complex Alabama probate process.

Probate is a time-consuming and expensive court-supervised procedure that must take place in order to validate a deceased individual’s will, settle their debts, take inventory of the estate, and eventually distribute the assets. Not to mention, this large gap of time opens the door for complications like will contests and other family or legal disputes.

The best way to prevent probate, protect your assets, and ensure their timely distribution to your heirs is to secure them in a trust. Trusts are financial entities to which you transfer your assets to be managed for the benefit of your heirs, and best of all, they bypass the probate process!

There are a variety of types of trusts that our Daphne wills and trusts lawyers could recommend based on your unique circumstances and goals, including:

  • Revocable living trusts
  • Irrevocable living trusts
  • Special needs trusts
  • Charitable trusts
  • Spendthrift trusts
  • Asset protection trusts
  • And more!

Why Working With Our Daphne Wills And Trusts Lawyers Can Give You An Advantage

We’re a firm that cares about bringing harmony to the families we serve, as well as protecting their legacy. Our ultimate goal is for you to feel comfortable and confident while working with us, and we are dedicated to helping you navigate estate planning with clarity. Call today to take the first step toward your free phone consultation with one of our attorneys and learn more about how we can serve you!

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Daphne, AL Practice Areas

The Ladd Firm is an asset for individuals who need assistance with estate planning. They are truly concerned with what is best for their clients and take the time to understand the situation and tailor the options for the best outcome.

David J.

The Ladd legal firm is a very personal and professional legal firm. The service we received was complete and their patience with explaining the process of establishing a family trust made us completely comfortable. We are amazingly comfortable recommending them to anyone wishing to set-up a family trust.

Dan K.

The LADD Firm

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(251) 431-6014