Isn t a Will Sufficient?
A Will is a vital part of your estate plan. Through a Will, you can appoint a guardian for your children and can name an executor to see that your assets are distributed to your heirs and that death taxes are paid. However, a Will alone does not avoid the time and expense of probate, nor does it allow you to take advantage of certain steps that can reduce the burden of death taxation. In addition, upon your death, the provisions of your Will and the resultant distribution of your assets through probate are open to public scrutiny.