Ask Terry Questions wills and trusts

wills and trusts

By Terry Savage on July 16, 2023 |

we have one child .is it really necessary for a will or trust if she will be the sole beneficiary; when we both pass

Terry Says

Not unless you want to avoid months of probate and legal fees that will take place if you die without a will. She will probably get about 50% of what you thought she would get — after all the “intestate” issues are resolved over a few years.

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