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Do You Still Need a Will If You Have a Trust in New York?
Episode Summary:
In this episode of Estate Planning with Bernard Law, attorney Daniel R. Bernard, founder of Bernard Law P.C., joins host Lisa Mosbey to discuss the critical differences between wills and trusts. Daniel explains why having both a will and a trust is essential for comprehensive estate planning, emphasizing that a will can appoint guardians for minor children, a function a trust cannot perform.
He delves into the nuances of probate and non-probate assets, illustrating how trusts can streamline estate management and avoid costly court processes. Daniel also addresses common…
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