Explore wills vs trusts, probate differences, privacy benefits, and which estate planning tools work best for protecting your family's assets and legacy.
Most people with trusts still need a will to handle assets not transferred to the trust and to name guardians for minor children. The will acts as a backup to "pour over" any forgotten assets into your trust after death. Without a will, state laws determine what happens to assets outside your trust, which may not match your wishes.