What is the difference between a trust and a will?

A will and a trust are both legal documents that are used to pass on assets to the people you choose after you die. However, there are some key differences between the two. A will is a document that outlines how you want your assets and belongings distributed after your death. It also names the beneficiaries of your estate and appoints a guardian for any minor children. Your will must be filed with the court and probated after your death. Alternatively, a trust is a legal document that can be used to protect and manage property while you are alive and after you are gone. A trust allows you to appoint someone to manage your property and assets as you direct. Unlike a will, a trust does not have to be filed with the court and can avoid the legal process of probate. It is important to consider your options and make sure that your wishes are followed. In Washington, having a will and/or trust in place can help ensure a smooth and efficient transition of your assets to your chosen beneficiaries. It is a good idea to consult an attorney to make sure you choose the best option for your situation.

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What is the difference between a trust and a will?

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