Ultimately, your decision to create a will or establish a living trust is a personal one and highly dependent on the nature of your assets and your individual circumstances. However, most people who are serious about ensuring the integrity of their estates will write a will and establish a living trust. The two arrangements can very effectively complement one another—a will might name a guardian for your children, while a living trust ensures their inheritance is used responsibly.


Philip J. Kavesh
Nationally recognized attorney helping clients with customized estate planning guidance for over 40 years.