Wills

 

A will is a legal document that describes how your assets should be distributed in the event of death. The distribution of the assets is controlled by a legal process called probate. Upon death, the will becomes a public document, meaning anyone can view its terms. Once your will enters probate it is controlled by the court and probate attorneys, not your family. The probate process also allows for any interested party including creditors to join the probate court proceedings and contest the will. These are some of the reasons you may prefer a Revocable Living Trust over a will.