National Advisors Trust

Traditional estate planning encompasses a full spectrum of strategies and solutions to protect, manage, and distribute your financial and tangible assets. 

A well-executed estate plan includes a complete set of documents to direct the distribution and administration of your assets and protect your loved ones from undue legal, tax and other burdens.

The documents can include your will, trust, power of attorney, advance healthcare directives, and more. These documents should be reviewed and updated regularly, especially as laws and life circumstances change, including relocating to a new state.

Trusts are essential estate planning tools to help protect your loved ones and preserve wealth for future generations.

However, not everyone is aware that their trust’s location can significantly impact their estate. That’s because the levels of flexibility, tax advantages, asset protection, and other benefits vary by state, existing statutes, and case precedents.

Trusts are an essential component of any effective estate plan. Families spend a lifetime building their wealth. To effectively preserve it, careful consideration should go into who should administer the family’s wealth for future generations. Selecting a qualified trustee to manage the family’s trust(s) and fulfill family wishes is critical, and many times misunderstood. 

Estate planning can be complicated, filled with technical complexity and emotional stress. It’s no surprise that, according to a survey by Caring.com, 43%¹ of Americans without an estate plan blame procrastination as the driving factor.

The good news is that getting started is easier than you think—and you and your family don’t need to go through the process alone.

The key is to engage a team of experts to guide you, answer your questions, and create a complete and tailored estate plan to protect your loved ones and shape your legacy.