Wills vs. Trusts – What’s the Difference?

A common question that I am always asked – what’s the difference between a will and trust?  Below are the basic differences: What Revocable Living Trusts Can Do – That Wills Can’t Avoid a conservatorship and guardianship. A revocable living trust allows you to authorize your spouse, partner, child, or other trusted person to manage …

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Do I Need a Will or Trust or Both?

  Most people agree that having some sort of estate plan is a good thing.  However, many of them haven’t taken any steps to get an estate plan in place because they don’t understand the nuances between wills and trusts – and dying without either. Here’s what will generally happen if you don’t do anything (no …

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