Author: Karen Hoonings

When it comes to estate planning, understanding the difference between a will and a trust is crucial. Both serve to distribute assets but do so in distinct ways that can significantly impact one’s legacy. A will outlines how assets should be distributed after death, while a trust can manage those assets during a person’s lifetime and beyond.
Choosing the right option can save time, reduce taxes, a

When it comes to estate planning, understanding the costs associated with wills and trusts is crucial. Many people assume that creating a will is the only option, but trusts offer unique benefits that can save time and money in the long run. Knowing the differences in costs can help individuals make informed decisions about their financial futures.
The expenses tied to wills and trusts can vary wi