Do You Need a Trust in Your Estate Plans?

Do You Need a Trust in Your Estate Plans?
Everyone should start estate planning in their early years because no one can count on being around tomorrow. Shutterstock
Mike Valles
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Two of the most common forms of protection for an estate are a will and a trust. Although everyone should have a will in their estate plans, not everyone will need a trust.

Everyone should start estate planning in their early years because no one can count on being around tomorrow. You may have people depending on you to provide for their daily needs. Creating a will and a trust will help take care of them, but make sure that they conform to the rules in your state, which will differ based on your location.

Mike Valles
Mike Valles
Author
Mike Valles has been a freelance writer for many years and focuses on personal finance articles. He writes articles and blog posts for companies and lenders of all sizes and seeks to provide quality information that is up-to-date and easy to understand.