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Property Distribution
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Estate Planning FAQs: What is the difference between a will and a trust?
A will (often called a Last Will and Testament) is a set of instructions that allow you to distribute your assets upon your death. You can also set up guardianship for your minor children. Once the instructions in the will have been carried out, the will ceases to exist.
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What is probate, and why does everyone think probate should be avoided like the plague?
Probate is the process used to ask a judge (usually a probate court judge) to approve a decedent’s will so the instructions in the will can be acted upon.