You probably recall our previous discussion regarding the importance of estate planning and all the different ways to address things like powers of attorney, wills, and trusts. This illustrates how there’s a solid diversity of estate-planning mechanisms available nowadays. How familiar are you with the different types of wills? (more…)
What to Include in a Will
While you might not be thinking about making a will in the next few years, having one is of the utmost importance to ensure that the last affairs of your estate are dealt with in the event of your passing. If a will is not provided by the deceased, then...
WHAT ARE THE DIFFERENCES BETWEEN A TRUST & A WILL?
You often hear the terms “trust” and “will” used interchangeably in regards to estate planning. But other than the fact that they both have to do with estates, they have little in common. It is important that you know the difference in these two legal documents and what it means...