What is the difference between a Will and a Trust?
Good question. Both documents can direct where the assets go at the time of your death. A Will requires a court to appoint a "personal representative". The personal representative becomes the "owner" of your assets and, as "owner", can sell or transfer those assets as you have directed. In a trust, the trustee becomes the "owner" of the assets. The benefit of the trust is that you can name yourself as the trustee so that you still have complete control over the assets. A successor trustee would take over in the event of your death or incapacity. Therefore, there is always a person who has the authority to carry out the terms of the trust as you wish without court intervention.

