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April 2019 Archives

A trust does not replace the need for a will

There is a common misconception that a trust can replace a will, but this is not true. Trusts have many benefits, including that they do not go through probate or become part of public record. However, life gets busy and is full of changes. If you forget or run out of time to put an asset in the trust, then it will be passed on according to Texas law, not necessarily according to your wishes.

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