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Will vs. Trust: Know the Differences

June 24, 2021

From the Nerd Wallet website

Wills and trusts are legal instruments that ensure assets are passed down to heirs as per your wishes, helping to provide for the people and causes close to your heart. While each can be a pillar of estate planning, wills and trusts have key differences to consider, from when they take effect to whether or how much they can be contested. Depending upon your situation, you might need only one or the other, but some people end up using both to help achieve different outcomes.

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From → Finance

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