Will vs Trust in Florida: Which Do You Need?
Both wills and trusts are essential estate planning tools, but they serve different purposes.
What a Will Does
A will is a legal document that specifies how your assets are distributed after your death. It also names guardians for minor children.
However, wills must go through probate in Florida, which can take months, is expensive, and involves court supervision.
What a Trust Does
A trust allows your assets to transfer directly to beneficiaries without probate. It also protects you should you become incapacitated.
Key Differences Between a Will and Trust:
• Wills require probate
• Trusts avoid probate
• Trusts provide faster distribution
• Trusts offer privacy
• Trusts provide incapacity protection
Most Florida estate plans include both a revocable trust and a pour-over will.
Why Most Florida Homeowners Need a Trust
If you own a home, probate may be required unless the home is held in a trust.
Protect your assets and your family with a comprehensive estate plan.
Schedule your free consultation with Karten Legal:
www.KartenLegal.com
561-839-3223