![]() A living trust takes more time and money to set up. There’s more paperwork-and money-involved with a living trust compared to a will.So, if you’re a parent, you definitely need a will (with or without a living trust). We mentioned it before, but this is a major detail. A living trust can’t appoint a guardian for your children.If you have nosy relatives who want to know how things were distributed, a living trust protects that information, unless you (or whoever is the trustee) share it. A living trust is not a public document like a will.When handled through the living trust, it isn’t. Any property given through a will is subject to probate. ![]() ![]()
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