Wills & Living Trusts

- Hello, my name is Lora Poland. I'm an attorney here at Anderson Advisors, and I specialize in estate planning. Here at Anderson, that's all I do is estate planning, and today we're going to talk about whether or not you should have a will, or would it be better to have a living trust? And we'll go through the details of both, and compare and come to a conclusion at the end as to which one would be more beneficial for most people in most situations. So again, the topic, should you have a will or a living trust, and why does it matter? Well, we are talking of course about the distribution of your assets once you've passed away. So why does it matter? Most people, I think, want to make things as easy as possible for their families. And whether or not you have any documents in place, a will or a trust, or none, will have a huge effect on your family's experience as they try to administer