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Having a valid, updated Will in place is imperative in order to ensure that your wishes are carried out upon your death and to designate a personal representative. A Will instructs your personal representative how to distribute wealth to your heirs. It requires registration with the county court, filing fees, accounting, and reporting. The probate process can take time and be expensive. Your wealth is distributed upon your death. Conversely, a Trust allows you to distribute wealth over time. With a Trust, you will also need what is called a Pourover Will to direct
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