A will is an effective way of transferring assets upon death, but it isn’t the only way. Many people are surprised to hear that they can accomplish the same goals, plus receive additional benefits, by creating a revocable trust.
The video below explains the similarities and difference between wills and revocable trusts, and why revocable trusts are often the best choice for people who value privacy and want to preserve their assets.
By meeting with an experienced estate planning lawyer, you can learn about all of the different estate planning tools available and end up creating the most effective plan possible to reach your goals.