
Do you need a trust?
Sometimes a will is enough to ensure that your estate is properly planned. In other cases, a trust is also recommended to give you greater control over your assets. The trust can be funded during your life or after your death. "Funding" the trust, means that you deposit a financial account in the name of the trust. Ask yourself these questions to find out if you may need a trust? 1. If you live in Massachusetts, do you have more than $1 million dollars in assets, including