Legal Question in Wills and Trusts in New York

main/important differences between a trust and a will

I'd like to know the main differences between a trust and a will ?


Asked on 6/10/07, 7:39 pm

1 Answer from Attorneys

Arnold Nager Arnold H. Nager, Esquire

Re: main/important differences between a trust and a will

Trust is private, avoids probate. No surrogate's court costs or fees. Costs more than a will.

Will is public, subject to supervision by and accounting to the court. Once submitted to probate, will is public record.

This post is not legal advice and does not create an attorney-client relationship. It is a comment on the legal question posed by the poster and should not be relied upon in any way. All readers are advised to consult an attorney to address their specific legal concerns. Additional facts could affect the answer given.

Read more
Answered on 6/10/07, 9:45 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in New York