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00:00:03 when you pass someone is going to get your stuff if you don’t have a will or a trust then the state law is going to determine who gets what you leave behind that may or may not be what you want so one way to handle that is to write a will and set out who you want to get your stuff typically you can do that any way you want except within limits you can’t eliminate a spouse a will though is going to have to be probated which means after you pass somebody’s going to have to go to court be appointed a
00:00:33 personal representative file a whole bunch of papers there might be Court supervision and it’s going to take at least six months before you can make any significant distributions now there’s Provisions for support during those six months and sometimes a year but it’s still a nuisance and you have to get Court approvals for things a trust on the other hand is something you write today you put your assets into the trust today and then when you pass the moment you’re pass your trustee is in charge
00:01:03 and can make those distributions in accordance with what you set out in the trust again you can’t cut a spouse out entirely but you can pretty much do whatever you like in the trust now I’m going to do a video that’s entirely about trust next month so you might want to look for that but in the meantime if you have questions about wills or trust give me a call no charge for that call we’ll answer your questions if I can help you great if I can’t I might be able to to find somebody to refer you to
00:01:32 who can be of service to you