_what39s-the-difference-between-a-trust-a-will.jpg "What's the Difference Between a Trust a Will? from executor costs Video Screenshot Preview")
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⏲ Duration: 28 sec
✓ Published: 05-Mar-2020
✓ Published: 05-Mar-2020
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Generally speaking, trusts are private and wills are public.A will is a public document that often must be approved by a public probate court before assets can be distributed to named beneficiaries.Wills often result in public court hearings and unnecessary costs, attorneys fees and delays. A trust, on the other hand, is a private document where the named successor trustee can gather assets, pay bills, and then distribute trust assets to family members and beneficiaries privately and more ef
Generally speaking, trusts are private and wills are public.A will is a public document that often must be approved by a public probate court before assets can be distributed to named beneficiaries.Wills often result in public court hearings and unnecessary costs, attorneys fees and delays. A trust, on the other hand, is a private document where the named successor trustee can gather assets, pay bills, and then distribute trust assets to family members and beneficiaries privately and more ef
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