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No, a will does not supersede a deed. Deeds can be used as an estate planning tool. This is done by splitting up ownership of land into two interests: a life estate and a remainder interest. The person with the life estate gets to have and use the property during their life.
Which Takes Precedence: Will or Trust? In California, a trust often supersedes a will if a person has created both documents. A trust takes effect immediately, while the trustee is still alive, whereas a will only takes effect after the death of the executor.
If your home is transferred to an heir via a will, it will likely have to go through probate. However, if your home is held in a trust, it can be transferred to the heir without going through probate. This can save your loved ones time, money, and stress.
Placing your house into a trust has many potential benefits. If you are thinking of planning for long term care or simply want to avoid the process of probate, you should consider a trust to hold title to your property.
Is a last will and testament the same as a pour-over will? No, a last will and testament is different from a pour-over will. A last will and testament is a standalone document that outlines how you want your assets distributed after death.
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