Last week we were reminded that if we croak, our estate would be subject to probate if we don’t have our assets in a trust, specifically outlining where we want our worldly possessions and money to go.
Plus, by having a trust, our issues remain PRIVATE, whereas probate is PUBLIC. Probate is also more expensive, shaving off 10-20% of the estate.
A few years ago I put together a will and bought a cemetery plot. Now that I’m newly married, I better change my will!