Four Things To Know

  1. Generally, standard wills are effective only after death.

  2. A living will or advance directive can communicate how you wish final medical treatment to be handed.

  3. The purpose of a Special Needs Trust is to enable the donor to provide for the continuing care of a disabled spouse, child, relative, or friend.

  4. A Testamentary Trust is a trust created by a will. Such a trust has no power or effect until the will of the donor is probated.