4 Things Trusts Do That Wills Can’t
Most people are aware you need a will in order to ensure your estate is handled properly when you pass away. However, there are other options that may support your needs more effectively. For some people, having a trust instead of or in addition to a will can provide better protection. The following are several […]
Living Will vs. Medical Power of Attorney
There may come a time when you are mentally incapacitated and important decisions need to be made. Naming someone to make medical decisions for you is an important matter, and it’s essential to put a lot of thought into who you choose for this critical role. Without having someone in place, you leave your life […]
What are the Differences Between a Will and a Trust
The two most popular estate planning tools are wills and trusts. While each of the vehicles have benefits, you should understand what a will won’t do and the limitations and differences of a trust. Variations It is important to note that there are many different types of trusts available to you while wills are fairly […]
Dying Without a Will Can Have Unintended Consequences
If you pass away without an estate plan or will in place, it may result in a state of chaos for your loved ones. Without a formal will, your property may be passed along using a process referred to as intestate succession, which is designed to distribute your possessions based on the way an average […]