What is the difference between a living trust and a living will?

A living trust and a living will are both documents that are important in estate planning. A living trust is a legal document that allows you to keep control of your assets during your lifetime, and it also allows you to specify how those assets will be distributed after your death. A living trust is established while you are still alive and goes into effect when you die. A living will is a legal document that explains what type of medical care you would like to receive in the event of a medical emergency. It also specifies what type of life-sustaining treatments you would like to be administered should you become incapacitated. This document conveys your wishes in the event that you are unable to make decisions for yourself. In Idaho, both a living trust and a living will are legal documents that can be used to help ensure that your wishes are carried out. A living trust can ensure that your assets are distributed according to your wishes after your death, while a living will can help ensure that your medical wishes are followed in the event of an emergency. Both documents can be incredibly important in estate planning and can help to ensure that your wishes are followed.

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What is the difference between a living trust and a living will?

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