Expert Q&A

If I have a living trust, do I still need a will?


Related Topics: Estate, Wills and Trusts
Related Tags: Wills, Trust, Estate Planning, Inheritance
Aiman  Latif
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By Aiman Latif - Aiman's Bookkeeping, Payroll & Tax Services
Answered over 2 years ago
According to the following website, living trust does not replace a will. It is used in conjunction with the will such as a living trust normally includes a free last will and testaments to name guardians for minor children and specify last wishes. A will is a written document signed and witnesses stating how you want your property to be distributed to beneficiaries after your death while a living trust provides life time and after death property management.

Please read the following website for more information:

http://www.livingtrustvswill.com/

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