Browsing: estate planning basics

Estate planning is often seen as a concern for older adults, but the truth is that everyone, regardless of their…

When it comes to estate planning, understanding the difference between a trust and a will is crucial for effective asset management. Both serve unique purposes and can significantly impact how one’s assets are distributed after death. While a will outlines how assets should be divided, a trust can offer more flexibility and control during a person’s lifetime and beyond.
Many people confuse these t