Trusts can be used both during a person’s lifetime and after death, while wills only take effect after death. Both can be ...
Many of them did not have wills, ensuring court battles could ... The purpose of the trust in its simplest form is to avoid probate and make it easier on the remaining spouse and heirs to settle.
A will works just fine for most people, while trusts are geared toward those with more assets and unique or complex estate issues.
In an increasingly digital world, the way we approach estate planning is undergoing a profound transformation. According to a recent survey, over 60% of Americans do not have a ...