Trusts vs. Wills

Episode Summary:

In this informative episode, an in-depth discussion breaks down the key differences between wills and trusts in Georgia. The conversation explores how these legal documents function, their benefits, and when each might be most appropriate. Special attention is given to various scenarios including blended families, special needs beneficiaries, and asset protection strategies.

 

Key Timestamps:

00:00 - Definition and basics of wills in Georgia

05:00 - Understanding trusts and how they function

10:00 - Trust benefits for young beneficiaries

15:00 - Medicaid considerations and special needs trusts

20:00 - Probate process for wills vs. trusts

25:00 - Trust modifications and updates

30:00 - Funding trusts and pour-over wills

 

About the Show:

Stephen Scriber Legal Insights provides expert guidance on estate planning and legal matters, making complex legal concepts accessible to everyone. Each episode features detailed explanations and practical advice for various legal situations.