Wills and Revocable Living Trusts: What Does it All Mean?
Estate planning can be overwhelming, as it forces you to think about how you would like your assets distributed upon your death, plus other issues mentioned below. Of course, some people also put this off because they are confused by what it means to have a Will versus a Revocable Living Trust or other type of Trust, not to mention they are unknowing about the process of probate.
Some people assume that estate plans are only for the wealthy. Yet, most everyone should have an estate plan.