Will vs Trust

Will vs. Trust – A Comparison

When you begin to plan for the future disposition of your estate and assets, the first thing to decide is if you want to set up a will or a trust to guide that process. Compare Benefits of Will-Based vs. Trust-Based Plans There are benefits to both a will-based estate plan and a trust-based plan:…

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Types of Family Trust Documents

Learn About Trust Documents

The types of family trust documents you need depend on the context in which you apply the term "family trust." If a family trust is from a family trust-based plan, then you need a power of attorney, a pour-over will, healthcare disclosure documents, and a living trust. If a family trust stems from a will-based…

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Types of Family Trust Documents

Learn About Trust Documents

The types of family trust documents you need depend on the context in which you apply the term "family trust." If a family trust is from a family trust-based plan, then you need a power of attorney, a pour-over will, healthcare disclosure documents, and a living trust. If a family trust stems from a will-based…

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Testamentary Trust Explained

Testamentary Trust

A testamentary trust is set up by a will. The key is that testamentary trusts are given their life after a probate of a will. The will then funds those trusts, which are then deemed testamentary trusts. A testamentary trust is set-up by the testator (aka settlor, grantor, or trustor) through a will-based estate plan…

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