A Will or a Trust: Which is Better?
Once you have decided to get a written estate plan in place, you may be wondering: Which is better, a will or a trust? It really depends on your priorities. Both will allow you to determine who would raise your kids if something ever happened to you, who would get your assets, and who would manage your estate. But the important difference is that with a will your estate would go through the probate process and be public, and with a trust your estate would avoid the probate process and be private.