Wills, Trusts, and Estate Planning

Catalog description

In this course, you will learn about wills, trusts, and estates. The content will encompass the legal requirements, documents, official forms, wills, trusts, rules, and estate planning. A will can either be an oral or written declaration, while a trust is a method of transferring property to avoid excessive taxation before or after death. Estate planning refers to the methods used to manage or dispose of real estate and personal property before or after death. It is important to understand the functions of administrators, executors, personal representatives, trustees, heirs, and beneficiaries.