Which is better, a will or a trust?


Quick Answer

While a last will distributes property to beneficiaries and outlines last wishes and who gets custody of children, a living trust does so without probate in court, expediting the process of property distribution, states LegalZoom. This saves money, time and the involvement of lawyers after death.

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Which is better, a will or a trust?
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Full Answer

However, a living trust does not name guardians for children, does not name property managers for children and does not outline how taxes and debts are to be paid, states Nolo. A will also outlines funeral and burial arrangements. Services such as LegalZoom include a last will as part of a living trust package.

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