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Wills and trusts
Understand what a will covers, what a revocable living trust adds, and which one fits the way your assets are actually held today.
- Will basics
- Revocable living trusts
- Probate, explained
- Choosing an executor
- Trust funding checklist
What this covers
Anyone with property, savings, or people who depend on them needs a plan for where those things go. This section explains the two documents that do most of that work, and the difference between them in practice rather than in theory.
Wills
A will names who receives your property, who administers your estate, and who raises your minor children. It takes effect after you are gone and passes through probate, which is a public court process.
Revocable living trusts
A trust holds assets during your lifetime and transfers them to the people you name without probate. It offers privacy and speed, and it only controls the assets you actually move into it.
- Which document fits your situation
- What probate costs and how long it actually takes
- How to choose an executor or a trustee
- What funding a trust means, and why it gets forgotten
Bonduran is not a law firm and does not provide legal advice. Use this material to arrive at your attorney's office already knowing what you want.