Monday, October 29, 2007

 

Estate Planning Can Help You Rest Easier

When you die without a will or trust, your estate -- meaning your assets -- generally gets swept into a process called probate, in which a court decides, based on state law, who gets what. Usually that means that what's left of your estate after your debts are paid goes to your surviving spouse and children. If there is no surviving spouse or children, your assets go to your nearest relatives by blood or adoption.

Estate Planning Can Help You Rest Easier
Source: LA Times

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