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When it comes to estate planning, trusts and wills are two essential tools that help you protect your legacy and provide for your loved ones. A will is a legal document that outlines how your assets should be distributed after your death. It also allows you to name guardians for minor children. On the other hand, a trust is a legal arrangement where assets are placed under the management of a trustee, who distributes them according to your instructions—either during your lifetime or after you pass away. While both serve the purpose of managing and distributing your estate, they differ in terms of control, privacy, and how they’re executed.
Choosing between a trust and a will depends on your specific goals, family situation, and financial circumstances. If you have minor children, a will is essential for naming guardians. If you’re looking for greater control over how and when your assets are distributed—or if privacy is a priority—a trust might be the better choice. Many individuals use both tools together to create a comprehensive estate plan.
Planning for the future doesn’t have to be overwhelming. At The States Group, we specialize in helping individuals and families secure their legacies with customized estate plans that balance simplicity, affordability, and effectiveness. Whether you’re exploring wills, trusts, or both, our experienced professionals are here to guide you every step of the way.
Start protecting your future today—schedule a consultation with The States Group and take control of your estate plans with confidence!
The States Group
9111 Cross Park Drive, Suite D200, Knoxville, Tennessee 37923, United States
Main Office - (865) 686-6648