
What Are the Differences Between a Will and a Trust?
These two estate planning tools each distribute your assets when you die, but there are some key differences between a will and a trust.
These two estate planning tools each distribute your assets when you die, but there are some key differences between a will and a trust.
The short answer is yes: you do need a will, even if you have a trust. To explain why, let’s do a quick review of trusts and how they operate.