Compare the benefits and drawbacks of living trusts and wills to determine the best option for your estate plan.
When planning your estate in California, you'll likely consider both a will and a living trust. Understanding the differences can help you make the right choice for your situation.
What is a Living Trust?
A living trust is a legal document that holds your assets during your lifetime and transfers them to beneficiaries upon death—without going through probate.
Key Differences
While wills are simpler and less expensive to create, living trusts offer privacy, avoid probate, and provide more control over asset distribution. For most California homeowners, a living trust is often the better choice.
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