Wills vs Trusts
Wills: Like Having a Picnic on a Blanket
- Public
- Probate process is required
- Multi-state properties = multi-state probate courts
- Guardians for minors
- Lifetime protection trust for children
- Special needs trust or supplemental needs trust (optional)
- Georgia probate fees - not expensive
- Hearing costs ($$ and time) are expensive
- Cannot manage property / sign contracts until someone approved as executor or administrator
- Stress is increased because of the job of understanding and following a legal process, legal documents and maybe a hearing or two.
Trusts: Like Having a Picnic with a Basket
- Private
- No probate court intervention
- No multi-state probate court intervention
- Guardian for minors
- Lifetime projection trust for kids (optional)
- Special needs trust or supplemental needs trust (optional)
- Probate fees = $0
- Hearing costs = $0
- Can manage property / sign contracts immediately upon the resignation or death of a prior trustee
- Stress is decreased because the trustee is continuing to follow the instructions on the trust

Winner- Best Living Trust Service