If you are beginning to think about estate matters and how your assets will be distributed after you are gone, you might consider setting up a trust, and you do not have to be a millionaire to do so. Not only will a trust serve as a vehicle to protect your assets, it can also give you peace of mind, knowing that your affairs would be managed properly in the event you become incapacitated.
Writing a will is often postponed until major life events occur. You don't have to wait until you buy a home or become a parent to craft this document. Writing a will is important to your loved ones. Putting your desires on paper makes things clear for your heirs. When you do decide to create your will, don't fall into the trap of overlooking important details. These are the top four things you need to include in your will.