Looking at how often the terms wills and trusts are used for one another, you might think they’re interchangeable. But the truth of the situation is that these two terms mean very different things. Let’s take a look at what those differences are. When Wills and Trusts Take Effect The …
Read MoreThe Importance of Wills and Trusts
Learning about Wills and Trusts A will is a legal document, which if executed properly, states how your estate will be distributed, who the heirs are, and who is in charge of administering the estate. It does not begin to function until after the person has passed away. It also …
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