The Will

Many individuals elect to leave their property to their heirs by way of a “will.”  Although this may be an acceptable alternative, if your estate assets do not total more than $100,000, or if you DO NOT own real estate, please keep in mind that a will must be probated and in order to pass title of your property to your heirs, it will require a court order.  Consequently, the cost of probate, as discussed more thoroughly elsewhere in this website, may be considerable, which may indicate the advisability of  using a trust, rather than a will.