Probate and trust administration are not the same. There are important differences and similarities between administering a decedent’s probate estate and administering a decedent’s trust estate.

By discussing finances with your children early and often, you can set them—and future generations—up for success, when it's time to receive the wealth you've accrued.

Most of my money is in investments, and most of my beneficiaries will face the inheritance tax when I die.