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Wills vs Trusts | Which do you need?

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The Retirement Nerds

Should you have a will, or would it be better to have a trust? Let's go over how the law handles assets upon death and how wills work compared to trusts.

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For even more on retirement, visit our website: https://www.TheRetirementNerds.com

Chapters:
0:00 Introduction
1:19 The Old Model
2:00 The New Model
4:08 Inheriting property without a trust
6:35 Inheriting property with a trust
8:44 Benefits of a trust
10:45 Do I really need a trust?
11:16 Can I do nothing?
12:20 What about coownership?
15:36 Conclusion

PLEASE NOTE: This video is for education purposes only.

posted by oludala21