Wills and trusts are two basic devices used in the process of - determining in advance how one’s property and obligations should be transferred on death.

Estate Planning

Explanation:

According to my research on documentations for one's death, I can say that based on the information provided within the question these are two basic documentations used in the process of Estate Planning. Like mentioned in the question this is a strict and clear way of determining who the properties are transferred to in the case of the current owners untimely death.

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