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What is the difference between a Will and a Trust?

A Last Will and Testament is a legal document used to appoint a guardian for your minor children and all pets and direct the distribution of your digital and physical assets. A Will goes into effect after you pass away and is subject to the probate process making it a public document. You can amend your Will at any time with GoodTrust.


A Revocable Living Trust is an arrangement where a third party holds your assets and distributes them according to your wishes.  A Trust can avoid the probate process which keeps your family matters private and distributes assets sooner. Unlike a Will, a Trust takes effect at the time it is signed by all relevant parties.

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