Trust vs. Will Comparison
Choose right estate plan. Avoid probate. Protect assets.
| Feature | Revocable Living Trust | Last Will & Testament |
|---|---|---|
| Avoids Probate? | Yes | No (Must go to court) |
| Privacy | Private document | Public record |
| Takes Effect | Immediately (incapacity/death) | Only upon death |
| Upfront Cost | Higher ($1,500 - $3,000+) | Lower ($300 - $1,000) |
| Long-term Cost | Lower (No probate fees) | Higher (Probate 2-5% estate value) |