Trust vs Will: Which one to opt for? - PowerPoint PPT Presentation

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Trust vs Will: Which one to opt for?

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If you wish to safeguard your family’s assets, you must be wondering which option is better and offers more flexibility and benefits. – PowerPoint PPT presentation

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Title: Trust vs Will: Which one to opt for?


1
Trust vs Will Which one to opt for?
Angel Trust Family
Now we are talking about estate and assets
management services, will and trust are the usual
terms that arrive in our minds. Although both the
terms get to have a similar explanation as people
refer to them as replaceable.
2
Angel Trust Family
  • If you wish to protect your family property, you
    must be wondering which have option is better and
    offers more benefits. Will and trust are just
    documents having solid legal backing that support
    the care and distributions of property to the
    beneficiaries.
  • Difference between trust and will

3
Angel Trust Family
  • Will Will is the dial used to move the property
    of the owner after his death to the concerned
    legatee. After your death, the typical or the
    executor of your will can file with the court in
    order to show that the property in his control is
    valid. The property mentioned in the will is then
    evaluated and the remaining assets are antonyms
    distributed between the concerned beneficiaries.
  • Trust A trust is a lawfully permanent contract
    made between two or more parties, wherein join
    are the rights and duties of the trustee,
    arranged, and the beneficiaries. This ensures
    helpful guidance of your trust even after you
    catch an infection that prevents you from the
    creation of logical reasoning or after your
    death. Trustees can be a financial institution,
    individual, or an amalgamation of both.

4
Angel Trust Family
  • While it is not compulsory for you to use only
    either a trust or a will as you can opt for both
    in the care of your property plan. But still, you
    want to go for only then there are many sides to
    consider such as the purpose of making the
    property plans.
  • Especially when the probate laws in your specific
    state do not bother you at all.

5
Angel Trust Family
  • ThankYou
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