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Will vs. Trust: What's the Difference?

We break down the differences between wills and trusts.

By Lyle Daly – Updated May 2, 2025 at 8:54PM

Key Points

  • Trusts avoid the probate process, offering quicker beneficiary access, unlike wills, which often require probate.
  • Wills designate guardians for minors; trusts manage minor beneficiaries' assets directly.
  • Trusts offer privacy by not becoming public records, maintaining confidentiality compared to wills.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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