I have heard that creating an estate plan that includes a trust will save my family money by avoiding probate, but are there other advantages of putting together an estate plan?

In addition to the significant cost savings of avoiding probate, a thoughtful estate plan also allows you to do all of the following:

– protect and provide for the care of your children or other loved ones

– provide for management of your own finances and care if you become incapacitated

– direct the distribution of your assets after your death