What is the Difference Between a Will and a Trust?

Oct 3, 2026 | By: Neil Lyons

A will and a trust are both important estate planning tools, but they work differently. A will outlines how you want your assets distributed after your death and can also name guardians for minor children.

A trust can hold and manage assets during your lifetime and determine how those assets are distributed after your death, often allowing them to pass to beneficiaries without going through probate. The right choice depends on your assets, family situation, and estate planning goals, and many Florida estate plans use both a will and a trust together.