Wills vs. Trusts in Plain English

Episode Summary: Attorney Deb Morneau, of Courteous Law, PC, breaks down the differences between wills and trusts in plain English. A will dictates asset distribution and management after death, while a revocable trust can bypass probate, offering smoother transitions for families. Deb shares real-life examples highlighting the importance of proper estate planning for loved ones left behind. Key Timestamps: - 00:00 – Introduction - 02:15 – Explaining the purpose of a will - 03:45 – Benefits of a revocable living trust - 05:30 – Contrasting wills and trusts for estate planning - 07:10 – How estate planning aids loved ones in times of loss - 09:20 – Helping clients choose between wills and trusts - 11:40 – Regular review of estate planning documents About the Show: *Planning with Purpose* focuses on providing clarity, peace of mind, and practical solutions through thoughtful estate planning. Attorney Deb Morneau has over two decades of experience in helping families, retirees, and small businesses in New Hampshire navigate the complexities of estate planning.