It is possible to use either a “will” or a “trust” to direct property into the right hands following your death. While wills accomplish little more than that limited goal...
What is estate planning and do I need it?
Estate planning is necessary because, as the old expression goes, “You can’t take it with you.” Estate planning is the process of putting together a plan, which will allow someone to step into your shoes to manage your assets in the event of your incapacity and carry out your wishes after your lifetime.