Nuts and Bolts Guide: Wills and Living Trusts
Wills and revocable living trusts are legal protections that serve different purposes and produce different results. This guide will help you learn if one or both estate planning tools are right for you.
Wills and Revocable Living Trusts
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BackgroundA will is a naming document. It can name who will receive assets when the owner dies, who has been chosen as its executor, and who has been chosen as guardian for minor children. A trust is a naming document that names who will receive assets owned by the trust. DetailsInformation provided is reflective of current California law and procedures (2009). Price$5.00 (USA), including USPS print mail shipping and any applicable sales tax. Continental USA sales and shipment only. |
Description
- This four-page, plain-language guide provides the following information about Wills and Revocable Living Trusts:
- Things to remember about wills and trusts.
- What if I die without a will?
- What is a living trust?
- Do I need a living trust?
- What do it do with a living trust once I have one?
See our other Nuts and Bolts Guides here.
June, 2009
