Tag Archives: Pour-over

Wills and Trust

Wills and Trust Wills and Trust are often a topic of discussion. In particular, what is the difference and which should I have? The following is a brief explanation of the difference between a Will, and a Trust. First and foremost, State rather than Federal law governs what happens to your property upon your death. Upon one’s death, you may hear the word probate, but not know what that means. Probate is the process of administering one’s estate, with or without a will. The purpose of probate is to: 1) […]

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