Estate Planning and Probate FAQs

Estate Planning/Probate

• Who needs an estate plan or will?
• Why does everyone over 18 years old need a health care directive?
• What is the difference between a will and a trust?
• What controls - an estate plan (will and trust) or a beneficiary designation?
• My dad died 5 years ago and his name is still on the house with my mom. We want to sell it. Now what?
• I just got divorced; do I need to update my estate plan?
• Tell me about probate. I've heard you never want anything to go into probate.
• Do I need a will if I have my mom's power of attorney?
• What is the difference between a power of attorney and a personal representative?
• How do I protect my assets from a nursing home?
• Why can't I gift for medical assistance? The IRS says I can gift each year.

Estate Planning/Probate

• What is the difference between a will and a trust?
• My dad died 5 years ago and his name is still on the house with my mom. We want to sell it. Now what?
• Tell me about probate. I've heard you never want anything to go into probate.
• Do I need a will if I have my mom's power of attorney?

• Why does everyone over 18 years old need a health care directive?
• Who needs an estate plan or will?

 

• How do I protect my assets from a nursing home?
• Why can't I gift for medical assistance? The IRS says I can gift each year.
• What controls - an estate plan (will and trust) or a beneficiary designation?
• I just got divorced; do I need to update my estate plan?
• What is the difference between a power of attorney and a personal representative?