Categories for Wills and Trusts

What’s the Difference Between a Living Trust and a Will?

June 14, 2019

You’ve probably heard a bit about the usefulness of tools like living trusts and wills for your estate plan. However, it’s important to note that these terms don’t refer to the same items—each serves a different purpose, and therefore you must have an understanding of how each works to get the most effective use out of them. Here’s some information from a will and trust lawyer in Phoenix, AZ about the differences between these two tools and their benefits: Beneficiaries: Both living trusts and wills allow you to leave behind property to your chosen beneficiaries. In a will, you describe... View Article

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