Frequently Asked Questions
Estate planning and elder law questions often depend on your documents, family circumstances, and the law that applies to your situation. Contact the office to discuss how Rebecca Goodman may be able to help.
This website provides general information only, not legal advice. Reading it or contacting the office does not create an attorney-client relationship.
Estate Planning
Do I need a will, a trust, or both?
A will and a trust serve different purposes, and some people use both. The right approach depends on your assets, family circumstances, and planning goals.
A will generally gives instructions about your estate after death. A trust can provide instructions for assets held in the trust, including how they are managed or distributed. Creating a trust does not automatically place all your assets in it, and having a will does not by itself avoid probate.
An attorney can review how your assets are owned, any beneficiary designations, and your wishes before recommending a plan.