Category: Wills

A will and a trust are both legal documents that can be used to plan your estate and decide what happens to your assets and property after you die. A will is a simple document that outlines how you want your property to be distributed to beneficiaries after you die. A trust is a more complex arrangement that allows you to transfer ownership of your property to a third party, called a trustee, who will manage the assets and distribute them to beneficiaries as you or the trust determine.