Do I need a revocable trust or a simple will? | NC

About this video

Q: How do I decide whether I need a revocable trust or a simple will? A: Start with what you want the plan to do. A simple will may be enough if your estate is straightforward, your beneficiary designations are clear, and you are comfortable with probate after death. A will directs where probate property goes, but it does not manage assets during incapacity, and it generally must go through the…