Differences between a Will & a Trust

Wills and trusts

Bay Legal helps plan your estate, to help conserve and protect assets for you and your loved ones.

A will or testament is a legal document that expresses a person’s wishes as to how their property is to be distributed after their death and as to which person is to manage the property until its final distribution.

Wills can be fairly straightforward and simple or extremely comprehensive and detailed depending on the complexity of your estate and how you want to handle passing on your assets.

A Will ensures that, after death, your estate will be disbursed according to your wishes.

A Trust, goes into effect as soon as you create it, and the terms apply while you are still alive and dictate the disbursement of your estate either before or after your death, or both before and after.

Wills and Trusts each have their advantages and their disadvantages depending on your unique situation and ultimate goals for your estate. Bay Legal estate planning attorneys can discuss your unique needs and help you find the best solution.

Book a consultation to talk about your estate planning needs