TRUST VS. WILL
Will only nominates a fiduciary
Trust gives fiduciary immediate authority without court intervention
Will only selects beneficiaries, then court must protect and supervise
Trust gives immediate protection without delay and cost of court intervention
Will provides for NO management or control when a client becomes incapacitated
Trust gives immediate authority to make decisions for an incapacitated person
Bottom Line:
A trust accomplishes things a will CANNOT do — OR it accomplishes those same things at a significantly lower cost than using only a will!
