Wills vs Trusts – Which One Do You Need?
- Chad Fuss, Esq.
- Mar 4
- 1 min read
When it comes to protecting your family, understanding the difference between a will and a trust is key.
Take Mark, a Lake Oswego resident. He thought a will was enough until he learned his estate might have to go through probate — a lengthy, stressful legal process. By creating a revocable trust in addition to his will, Mark ensured that his assets, including his home, could pass smoothly to his family without court delays.
Wills are straightforward: they specify how your assets are distributed and name guardians for minors.
Trusts, on the other hand, can avoid probate, provide privacy, and sometimes offer tax benefits. For homeowners, families with minor children, or those with specific financial goals, trusts are often a smart choice.
Even if your estate isn’t large, a will and trust combination provides peace of mind and clarity for loved ones. At Affordable Estate Planning, we help families in Lake Oswego and West Linn understand which documents fit their unique situations, simplifying the process and protecting what matters most.
Not sure which is right for you? Schedule a free consultation today and get clarity on your estate plan.
We are licensed in Oregon, Washington, California, Nevada, and Florida. We are happy to meet virtually during the normal 9 to 5 or in the evening or on weekends, so you don't have to take off work or get a babysitter.
503-908-5457
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