The question we hope to answer today is does everyone need a trust? It seems that many people confuse the purpose of a will and a trust, but they aren’t the same thing and we’ll clarify that. Plus we’ll tell you who needs a trust and what the primary purpose of using this instead of a will.

Here’s some of what we discuss in this episode:

  • Why you don’t need a trust to keep your assets out of probate.
  • Can you assume that a trust will help you bypass a lot of taxes you’re going to pay.
  • Common cases where a trust makes a lot of sense.
  • How would this answer differ based on the state you live in?

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