A will is a written instrument by which a person makes a disposition of his property, to take effect after his death, and which is subject to change or revocation during the person's lifetime.
In most cases, after death a will must be probated in order to be effectuated. Probate is a court process which can be lengthy, costly and burdensome. Therefore, most people prefer to use a revocable trust to dispose of their assets instead of a will. A revocable trust permits the disposition of assets without any probate process, unless there are disputes.
In an estate plan with a revocable trust, wills are still prepared to cover any property that may not have been transferred to the revocable trust.
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