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Will Versus Living Trust? (Living Trust Tutorial)


Xileen
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PLEASE NOTE: This video is for education purposes only. Laura Poland is no longer an Anderson Advisors employee or associated with the organization.

Should you have a will, or would it be better to have a living trust? Both options are covered in easy to understand detail by Lora Poland, Attorney in Estate Planning with Anderson Business Advisors.
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WATCH and learn as Lora shares with you that which might be beneficial for most people in most situations when it comes to having a will or a living trust.

0:00 Intro
0:37 Why does it matter?
1:07 The Debate Between Will and Living Trust
12:38 Beneficiaries
18:35 Provisions and Distributions
23:33 Outro

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Xileen

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If you have a child with Special Needs, it would be best to find an attorney that specializes in that area of law. They can advise you concerning Guardianship and/or a Special Needs Trust.
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Xileen

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I'm publishing this as a public service because I know someone who is going through this right now. Losing a loved one is hard enough, having to deal with a lot of issues and decisions only makes it even more difficult. The best time to attend to this is when you are well. It will also provide you with peace of mind once it is done.
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