WHAT IS PROBATE ?

Probate is a legal process through which the court sees that, when you die, your debts are paid and your assets are distributed according to your will. If you don’t have a valid will, your assets are distributed according to state law.

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WHAT IS A LIVING TRUST ?

A living trust is a legal document that, just like a will, contains your instructions for what you want to happen to your assets when you die. But, unlike a will, a living trust can avoid probate at death, control all of your assets and prevent the court from controlling your assets if you become incapacitated.

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WHAT IS A WILL ?

A will is a detailed instruction created by an individual in the event of their death. Details of how to distribute their wealth and property, guardianship of their children and other final instructions are clearly stated.

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