Trust & Will is the leading online estate planning platform in the U.S., whose mission is to help families secure their legacies.
At first glance, estate planning might seem like a topic best saved for the future or for those with significant wealth. However, regardless of age or financial status, estate planning is a vital step that everyone should consider. It's about safeguarding your loved ones, ensuring your wishes are honored and providing peace of mind.
No one likes to think about what happens after they’re gone, but preparing for the unexpected now is the best way to ensure you’ve covered what matters most.
With an estate plan, you can:
Why is having a plan important? Gain peace of mind, reduce taxes and potentially avoid probate.
Discover the differences, and which is the best option for your estate planning situation.
Learn what probate is, how to navigate the court process and how it can be avoided.
Trust & Will has helped hundreds of thousands of families create their estate plans, customized to fit their needs, their life, and their legacy. Apple Financial Services chose to partner with Trust & Will to help deliver this critical service to Apple Federal Credit Union members. No matter what stage of life you’re in, it’s critical to have a solid estate plan in place.
Trust & Will is not a law firm, and are not a substitute for a lawyer or a law firm. They cannot give legal advice, guidance, or services. No attorney-client relationship is formed by any interactions and information provided is not protected by the attorney-client privilege. That being said, Attorney Support services are offered in some states. Click here to find out which states have Attorney Support available.
Most people complete a Will in 15 minutes, and a Trust in about 20 minutes. All of your answers are saved as you go, so feel free to pause and come back to pick up where you left off at any time!
Wills and Trusts have a lot of overlap, but also a lot of differences. Wills are simpler documents that let you name guardians for kids and pets, designate where assets go and specify final arrangements. The simplicity of a Will does come with some drawbacks: a Will offers more limited control over the distribution of assets and often has to go through a probate process after death.
Like a Will, a Trust also controls the disposition of assets but provides greater control over when and how your assets are distributed. Trusts only apply to assets held in the Trust, so you will need to transfer assets to the Trust. This makes a Trust a little more complex to set up, but it brings a major benefit. Trusts are also often used to minimize or avoid probate entirely, which can be a huge draw for many and justifies the additional work upfront needed to create a Trust.
Both are ways to say who will receive your assets - Each has different ways of distributing those assets, as well as different advantages and disadvantages.