Page 9 - Estate Planning 101

WILLS & TRUSTS

There are a number of ways you can leave your things to

your loved ones when you pass away. Most common are

Last Will & Testaments (commonly called "Wills") and

Living Trusts. These are documents that direct to whom

your assets will be given. However, having a Will is not

sufficient to avoid "probate", a court process that can

be very time-consuming and expensive. Trusts have the

benefit of helping to avoid probate, but can be more

expensive to set up, and require an extra step while

you're alive, referred to as "funding".

Fortunately, we've developed a third option: "No

Probate" plans that help avoid probate but cost

significantly less than setting up a trust! Read on to find

out more.

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