Estate Planning 101: Insights from Our Guest Columnist – Attorney Michael L. Rutkowski
In the realm of estate planning, it's crucial to understand the various tools available to protect and distribute your assets upon your passing. Two common instruments that often come to mind are Wills and trusts. While both serve similar purposes, they possess distinct characteristics and implications. Below, we review the details in the differences between a Will and a trust, and how they work to protect your assets. What is a Will? A Will, also known as a last will...