What are the Crucial Differences in Wills and Estate Plans?
What is a Will? One of the differences in wills and estate plans is that a will is a critical document that everyone should have regardless of age, status, or wealth. It is a legal document stipulating the distribution of your assets after your death, guardians for minors, and can specify final arrangements such as […]
The Main Differences Between a Trustee and an Executor
What are the responsibilities of a Trustee? The main differences between a trustee and an executor begins with their responsibilities. A trustee is a person named in the trust tasked with distributing assets to the beneficiaries per the terms of the trust. They are responsible for things like maintaining records of the trust, managing bank […]