05/22/2026
Many people hear the word “trust” and assume it is only for wealthy families, large estates, or people with complicated finances. That is one of the most common estate planning myths. You do not need to be a millionaire to benefit from a trust. There is no required net worth to create a trust. The better question is whether a trust would help you protect your family, avoid unnecessary court involvement, plan for incapacity, or make the transfer of your assets easier when the time comes.
For many North Carolina families, a trust is not about being wealthy. It is about having a clear, organized plan for the people and property that matter most.
Many people hear the word “trust” and assume it is only for wealthy families, large estates, or people with complicated finances. That is one of the most common estate planning myths. You do not need to be a millionaire to benefit from a trust. There is no required net worth to create a trust. T...