Yes. Your Living Trust plan should include a pour-over Will, which acts as a kind of safety net. When you die, the pour-over Will “catches” any forgotten assets and sends them to your Living Trust. The assets may require court involvement as part of your overall estate plan. Also, if you have minor children, a guardian over your minor children will need to be named in your Will.
Who may act as my agent under a Durable Power of Attorney?
In general, an agent may be anyone who is legally competent and over the age of majority. Most individuals select a close family member such as
What is so bad about Probate?
There are number of challenges with Probate. First of all, it’s costly. For example, Probate fees to simply change title to real property from your name
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