How a Bad Estate Plan Can Wreck You (even if you have nothing)
The Stacking Benjamins Show
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The Difference Between a Will and a Trust
There's a variety of trusts that are available to people. A living trust, which you would have while you're alive, and you would manage your assets within the trust. There's also trusts that don't start until after you pass away. And in that situation, the trust holds your assets, verses them going to specific beneficiaries. The benefits to this is it any assets in your trust are private, meaning they won't go through probate where a will will become public knowledge.
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