Difference Between Wills and Trusts in Estate Planning
Thinking about the future isn’t always easy, but planning ahead can give you and your family something invaluable: security in the future. When it comes to estate planning, two of the most common tools are wills and trusts. Each one gives you a way to spell out how your belongings should be passed on, and who should step in to help when you’re no longer here or able to make decisions, but in different ways.
