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What Is Traditional Estate Planning?
Episode Summary:
In this episode of Faith, Law, and Legacy, host Abed Awad, an estate planning attorney in New Jersey and New York, delves into the intricacies of estate planning, focusing on the differences between will-based and trust-based estate plans. Awad explains the essential components of each plan, including the last will and testament, power of attorney, and healthcare directives. He highlights the importance of having a will to ensure control over asset distribution and guardianship decisions, while also discussing the benefits of a trust in avoiding probate and maintaining…
The skinny
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