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Living Trust or Will Qxd Foulston Siefkin LLP Form

Living Trust or Will Qxd Foulston Siefkin LLP Form

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there's two ways you can leave your estate to your heirs either through your will plan or through your living trust plan with your will plan you leave all of your assets in your name you set up your will you name your executor to handle things when you pass away and you designate who your heirs are and your will when you pass away though all of your assets will be Frozen and your survivors will have to go through a court and attorney involved probate process to gain access to your estate assets on the other hand you could set up your revocable living trust-based plan the thought there take those terms that would have been in your will put them in your trust and re-title what you own now from your name into your trust name the thought process is things titled in the name of your trust when you pass away they don't get Frozen they don't have to go through any kind of court and attorney involved probate process your successor trustee can immediately disperse those assets to your heirs out

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