15
12
2007
Wills and Trusts - Types and Descriptions
Posted by: Eric Hundin in , Estates, Wills, Trusts, Career Information, Blog CarnivalMany varieties of trusts exist and it is important to understand how each may affect your desired goals.
The basic will: This document is simple and basic. It generally provides everything be transferred from one spouse to another in the event of death. This is often referred to as a “sweetheart will”
The pour over will: This will is used in conjunction with a “living trust.” This allows for any specific asset not mentioned in the will to “pour over” i (more…)
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