Frequently Asked Questions (FAQs) About Estate Planning
- What is a Living Trust and how does it differ from a Will?
- What are the advantages of a Living Trust?
- What is Probate?
- What is the purpose behind the probate process?
- When is probate necessary?
- Are there any advantages to probate?
- What are the disadvantages of probate?
- Are life insurance policies and retirement benefits subject to probate?
- What is joint tenancy? Is it true you don’t need an estate plan if you hold title in joint tenancy?
- Will my beneficiaries have to pay estate taxes when I die?
- What is included in my estate?