A will and a trust are recommended to ensure zero gaps in an estate plan. Knowing that assets are divided according to one’s personal wishes delivers peace of mind. While both a will and a trust share overlapping characteristics, some notable differences exist.
Estate planning involves much more than just drawing up a will, there is a lot to take into consideration, including planning for end-of-life care and how to best protect your investments against excessive taxation. Choosing an attorney with experience in estate planning can help you preserve everything you’ve worked hard for.