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Trusts & Wills Explained
What's the Difference Between a Trust and a Will?
Start with a will when:
- Your estate is straightforward
- You want the quickest and most affordable option
- Your primary goal is naming guardians and beneficiaries
Add a trust when:
- You own a home or significant assets
- You want to avoid probate court (saves time and money for your loved ones)
- You want to control when and how assets are distributed
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Do you have kids under 18?
Why are we asking this?
If you have minor children, a Will is essential for naming legal guardians. The number of children and their ages also impact how Trusts and inheritances are structured. Additionally, a Trust ensures your family will not have to go through the lengthy, expensive, and stressful probate court process after you're gone.
