Under what circumstances is just having a Will OK?
If your estate is under $100,000.00 and includes no real property, then at your death, your estate can be transferred to your heirs through an Affidavit process. Unfortunately, although probate is avoided at death, if you become incapacitated or incompetent during your lifetime, thousands of dollars would have to be spent setting up a conservatorship, whereas with a Trust, no conservatorship is needed.
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- Under what circumstances is just having a Will OK?
