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

On this blog, I write about and try to answer practical Oklahoma legal questions. My focus and most experience is in estate planning and business issues including Oklahoma non-compete law. I make a living as an attorney in the law firm I founded, Shawn J. Roberts, P.C. in Oklahoma City. I live in Edmond with my wife Amy and my two children, Sam (19) and David (11). We live precisely in the path of where the "wind comes sweeping down the plains."

5 comments

Scop
September 21, 2011

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

shawnjroberts
September 21, 2011

Thanks!

Estate Planning Demystified Episode 3 – A Will or a Trust? « Shawn J. Roberts
May 8, 2011

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

January
July 12, 2011

Articles like this really gaerse the shafts of knowledge.