In this article, our Sangamon County trust attorneys explain what wills and trusts, like revocable living trusts, are and what they can do for your estate plan to avoid or eliminate estate taxes and ensure your estate avoids probate.
Wills and trusts are vital documents that are used to pass on assets while they can be utilized to name a guardian for minors. Revocable trusts, on the other hand, can help you avoid a costly probate case and outline the inheritance you will pass onto any children.
Read the full article by our Sangamon County will and trust attorneys explaining wills and trusts.