Legal Notices for 8-30-2023
NOTICE OF SALE UNDER POWER
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When I first meet with clients they frequently tell me that they “need a living trust to avoid probate”. They less frequently know what probate is, or why they want to avoid it.
You can draft a will for all your assets. The will should have details of the beneficiaries and details of all assets and investments. The will should then specify the distribution of assets as per your wishes.
Wills and trusts are typically changed over time as life circumstances, the state where you reside, or your desired outcomes change. It is actually the rare case where a person puts their estate plan together once and never changes it after that. What is important to understand however, is how to effectively and legally change your will or trust so that the changes are enforced per your wishes.