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Your Last Will and Testament is also part of your estate plan. This is a document that will outline your wishes as to the distribution of your personal property assets at the time of your death. Our attorney will draft a document that directs assets to your designated beneficiaries after your death, as well as name an executor. If your estate plan is properly prepared, your will should be drafted to operate in conjunction with your revocable trust and, thus, should avoid probate. In this scenario, the Will “pours over” all assets to the trust so, essentially, the revocable trust controls all. Your will also is the document where guardianship direction is provided.
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