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Living Trust for Husband and Wife with Minor and or Adult Children Illinois Form

Living Trust for Husband and Wife with Minor and or Adult Children Illinois Form

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hey there Paul Rabelais again happy to bring you another video on our estate planning site this one is comes up a lot and it can be a little bit controversial at times it seems it's when people put their legal affairs in order they often have a decision to make and that decision typically revolves around do they use a will as the legal instrument to leave their estate to their heirs or should they use a living trust or commonly referred to as a revocable living trust as the legal instrument to pass along their estate to their ear so let's look at the basics then at the end I'm gonna share with you comments that people tell me when they make that decision and why they wind up making that decision so first let's talk about the will then we'll talk about the trust this is the basics if you have a will you'll have a will that may say something like in part it might say I leave my estate or certain parts of my estate to my spouse might say I l

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