Pass money through a will or a trust?

PRICEPLUS

$ Saving College Senior

Join Date: Nov 2004

Forum Posts: 1914
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#1

Pass money through a will or a trust?

03-30-2005, 06:52 PM

Which is a better vehicle for passing on assets? Can any one tell me where to find info on trusts and how to set them up?
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DivaJen

$ Saving College Junior

Join Date: Apr 2004

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#2

03-30-2005, 07:22 PM

Re: Pass money through a will or a trust?

We have a trust and from what I understand it's a better way to go in that you avoid probate. We set ours up about a year ago, mainly in DD's interest should DH and I die while she's still a minor. (shudders even thinking about it) I don't know of any specific sites online, but you could google "living trust" and I'm sure lots of sites will pop up.
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