What are the key differences between Wills and Trusts? List as many of the benefits you learned
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Question:
- What are the key differences between Wills and Trusts?
- List as many of the benefits you learned about each instrument. Are there any disadvantages? If so, list them and provide an example.
- Given what you now know about Wills and Trusts, under what circumstances would you use each (give one example for Wills and another for Trusts)
Expert Answer:
Key Differences between Wills and Trusts Creation and Function Will A will is a legal document that outlines how a persons assets and property should be distributed upon their death It takes effect on... View the full answer
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