Christopher Yugo Times Columnist

Q: How do you decide if a trust or a will is better?

A: I think what you’re asking is, “Do I need a trust?” This is one of the most common questions that I get. Unfortunately, the answer isn’t always an easy one, and it certainly isn’t the same for everyone. A trust makes sense in some cases and not in others. It all depends on goals, family dynamics and the make-up of the estate. Simply put, it depends on your circumstances.

One of the best descriptions that I have heard to describe a trust came from my colleague and friend, Jack O’Drobinak. To paraphrase Jack, a trust is kind of like a box that you put on a table. Then you put your house in the box along with your investments and most of your other property. The end result is that you no longer own t

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