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Blog: Trust versus Will—What are they and which is best for you?

Trusts and wills are similar, but they do have key differences. Without either a will or trust, after your death your assets will be distributed according to the intestacy laws of your state. The way your assets are then distributed may be against your wishes or harder for your family. These laws prioritize spouses, children, and blood relatives—and may exclude friends, stepchildren, or charitable causes you care about. Understanding what wills and trusts are, and understanding their differences, can help you plan better for your future.

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