While trusts can give you more control and flexibility, they don’t replace wills. A will can help you name beneficiaries, distribute personal property and, if you have children under the age of 18, name their guardians.
Many people choose to appoint family members or close friends as their executor. However, if you have a complex estate or a concern about potential family conflicts, consider appointing an estate professional, such as a lawyer or a trust company.
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