Can estate plan documents be updated? How do I change my Will? Can I name a different Durable General Power of Attorney?

Do you need a Revocable Living Trust? Or is a Will enough? How can you know? What are the differences between Trusts and Wills?

Can a Trust protect your identity? Let's say you win the lottery. Or you're a celebrity or have a high-profile job (like a politician, a judge, and/or a law enforcement officer). Perhaps you've got a lot of debt. Or maybe you're just a really private person. Whatever the reason, you want to disconnect your name from property that you own. So, can a Trust help you do that? The quick answer is probably not.

#TipTuesday

Does having a Will avoid probate? Nope.

Keep reading for more info on why.