Do You Need A Trust?
When it comes to estate planning, one of the most common questions we hear at Morgan & Perry Law is, “Do I need a trust, or is a will enough?”
The answer depends on your goals, your family structure, and how you want your assets handled. Our team provides clear, honest guidance to help you make the right decision for your future. We serve individuals and families across Holly Springs, Fuquay-Varina, Apex, Angier, and surrounding areas.
What’s the Difference Between a Will and a Trust?
Wills
A will is a legal document that:
- Outlines who will receive your assets after your death
- Names guardians for minor children
- Appoints an executor to manage your estate
- Must go through probate (the court-supervised process of validating your will)
A will is a foundational part of any estate plan—but it’s not private and can be time-consuming to administer.
Trusts
A revocable living trust is a legal entity that:
- Holds your assets while you’re alive
- Allows for smooth management if you become incapacitated
- Avoids probate entirely when properly funded
- Keeps your affairs private and out of court
Trusts are flexible tools that can distribute assets over time, protect beneficiaries, and minimize conflict.
What a Trust Can Do That a Will Cannot
- Avoid court: A funded trust bypasses probate entirely.
- Plan for incapacity: A successor trustee can step in to manage your finances if you become ill or disabled.
- Protect beneficiaries: Trusts can delay distributions, protect against creditors, or prevent misuse.
- Handle complex assets: Trusts are ideal for real estate, businesses, and family legacies.
Even if you feel that you don’t need a trust, it’s important to understand your options. We’ll explain what makes sense for your situation, without pressure.
Trust & Will Services We Offer
- Revocable Living Trusts
- Pour-over wills (used in conjunction with a trust)
- Testamentary Trusts (trusts created within a will)
- Special Needs Trusts
- Irrevocable Trusts (when appropriate)
- Trust funding guidance (ensuring assets are titled properly)
Why Work with Morgan & Perry Law?
- We listen to your goals and tailor your plan to fit your life.
- We explain the pros and cons of wills vs. trusts in plain English.
- We don’t push documents you don’t need.
- We serve families and individuals across Holly Springs, Fuquay-Varina, Apex, and Angier.
- Transparent pricing and personal service
Ready to Find Out What’s Right for You?
Call Morgan & Perry Law at
(919) 584-5293.
Real Estate Law:
RealEstate@morganperrylaw.com
Business Law: Michaela@morganperrylaw.com
Estate Planning Inquiries: Ava@morganperrylaw.com