Attorney Thomas B. Burton explains the three basic levels of planning for your estate, which he calls (1) No Plan, (2) Will Plan, and (3) Trust Plan. Attorney Burton explains in this video why even if you have no plan for your estate, your state statutes have laid out a plan for the disposition of your assets. Attorney Burton also explains how you can opt out of the statutory plan for your estate by forming your own Will or Trust based plan.
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