2006-06-08 08:23:43 · 3 answers · asked by ipshome 1 in Business & Finance ➔ Other - Business & Finance
Living wills allows (named person or persons), to do things on your behalf if you are unable to. So you need to be sure that the named is someone you trust and that they can make the choices that you would or that you will be happy with. So a living will not go to probate, because your not dead. A trust is a different thing. Most of the time a trust is set up to keep things from being sold or all cash from being taken out. If a trust is set up such as with a second marriage. The house belongs to the wife from her first husband - She can leave it in trust so that the second husband can live in it after her death, but he will be unable to sell or take out a lone using the house (this is one kind of trust). Hope this helps.
2006-06-08 09:03:52 · answer #1 · answered by cookiequeen_b 2 · 0⤊ 0⤋
A trust will not have to go through probate, so yes, it prevents probate problems.
2006-06-08 15:25:10 · answer #2 · answered by Princess 5 · 0⤊ 0⤋
Living will lets someone make decisions on your behalf if you are incapacited, (like in a coma or something). You are not dead, so probate does not apply yet.
2006-06-08 15:26:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋