Faceoff – the Living Trust vs. the Simple Will

Living Trust vs. Simple Will

This table compares the benefits of the revocable living trust and a simple last will and testament. A revocable living trust is an agreement that determines how a person’s assets are handled during their lifetime and how it is distributed after death. A simple Will distributes a person’s assets after death.

 

 

Posted by Shawn Roberts

I write about and try to answer practical Oklahoma legal questions. I tend to focus on estate planning and business issues. I make a living as an attorney working for Resolution Legal Group in Oklahoma City. I am husband to Amy and the father of Sam and David. We live exactly in the path where the "wind comes sweeping down the plains."

5 comments

Great table. Really shows you know your stuff when you can simply things.

shawnjroberts

Thanks!

[…] Link to the Will vs. Trust Table […]

Articles like this really gaerse the shafts of knowledge.