Estates are extremely useful and necessary tools to provide loved ones peace once you are gone. The first basic step of creating an estate is to create a trust. A trust is simply an agreement between the creator of the trust and the person managing the trust. Nowadays, these can...
A Will
A will is a legal document in which you divide your assets and property between your living beneficiaries and also give certain instructions on things after you pass away. This document is unalterable once you die and must be carried out. In your will you can: -Name your beneficiaries and...
What is the difference between a will and a living trust?
A will, also called a testament, is a legally enforceable document directing how a deceased person's property is to be distributed. A trust is created by a living person but administered by another party while the person who created the trust is still alive. A living trust allows property to...