Trusts vs. Wills
Discover the key differences between trusts and wills, including probate, privacy, and timing. Learn which estate planning tool fits your family's needs.
Do I need both a will and a trust for my estate plan?
Most people with trusts still need a will, called a "pour-over will," to handle any assets not transferred into the trust before death. The will also names guardians for minor children, which a trust cannot do. However, if you properly fund your trust with all your assets, the will typically won't go through probate since the trust handles most distributions.
