Finance Strategists on MSN

Key comparisons between a living will and a living trust

Learn the difference between a living trust vs. living will, including why you need both, what they're used for, and how to set up each one correctly.
The Motley Fool

I Used to Think a Will Was the Best Way to Pass Down an Inheritance. Here's Why I Now Think a Living Trust Is Better.

Living trusts help you avoid the probate process, which can be time-consuming and costly. Details about a will become part of the public record. A living trust's creator can change or cancel it ...