Will is enough, not necessarily a trust

来源: 2007-01-08 01:38:28 [旧帖] [给我悄悄话] 本文已被阅读:

Here is my understanding -
If your purpose is to avoid the probation, a will is enough. You can pay several hundred of dollars to counsel a lawyer to draft a will or use a will software such as WillMaker and then notary the will.
If your assets is less than a couple of millions, a trust is not necessary coz it is expensive to manage a trust.