Wills vs. Trusts Attorney in Los Alamitos, California
Wills and Trusts are both important estate-planning tools, but they differ in important ways. First, a Trust is activated when the grantor signs it. A Will does not go into effect until the testator. Upon your death, your Will goes through probate, and a Trust does not. A Will is where you name guardianship of any minor children, plus share any funeral or memorial plans or requests.
Wills vs. Trusts
Trusts vs. Wills
Names Child Guardian
Can be Court Challenged
Rules Around Inheritance
Active Upon Signing
Can Be Reversed
Private or Public Record
Wills and Trusts FAQs
What Is Better, a Will, or A Trust?
A Trust will streamline the process of transferring an estate after you die while avoiding a lengthy and potentially costly period of probate. However, if you have minor children, creating a Will that names a guardian is critical to protecting both the minors and any inheritance. Deciding between a will or a trust is a personal choice. At the Law Offices of Lawrence H. Nemirow, we recommend having both a Trust and a Will.
The Law Offices of Lawrence H. Nemirow will guide you every step in the way to making a decision that is best for you and your family.