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Most people know how a will works, but you must also understand what Trust is to understand which one overrides the other in conflicting circumstances. When individuals use a trust in estate planning, they do so with either a living trust or a testamentary trust, described in the following way. What are the pros and cons of a living trust? It may help avoid probate. Property that is transferred through a living trust does not have to go through the probate process upon the death of the trust creator. There may be tax benefits. There is more privacy. There may be legal protections. I need best lawyer estate planning planning around North Corona, Ca. I need best attorneys estate planning nearby 92879. I am looking for awesome attorney estate planning by rego park, corona ca. Although this dilemma can be resolved using a sprinkling, Crummey Power, or five-and-five power, it is not necessarily an optimal solution in many cases for various reasons. Is it worth it to file Chapter 7? Chapter 7 bankruptcy can wipe out many forms of overwhelming debt under the protection of a federal court. You may have to give up some assets, like an expensive car or jewelry, but the vast majority of filers do not. Chapter 7 bankruptcy is the fastest and most common form of bankruptcy. I am looking for excellent estate planning lawyers nearby 92881. I am looking for best attorneys estate planning near 92880.