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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!

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