Misconceptions About Wills, Trusts, And Estate Administration
Misconceptions About Wills, Trusts, And Estate Administration
By Tim Van Pelt
At their core, both a will and a trust can be used to effectively transfer your assets to a subsequent generation, to non-profit causes, or towards whatever legacy you choose to leave. However, there are major differences and several misconceptions I often hear about wills, trusts, and estate administration.