Do I Need A Trust Or Is A Will Good Enough?
A lot of people really don’t need a Trust. I know that’s contrary to some of the material that you may have read. The benefit of a Trust is to avoid probate. Well, oftentimes, there’s going to be no probate if someone has only a Will. It really depends on the assets of the estate. If the assets are all jointly titled with someone that actually survives, then, chances are, there is no probate. But, the problem is if both of those people pass away, say in a car wreck, you need to probate the estate in that situation.