Both trusts are beneficial for their own reasons.
A testamentary trust goes into effect only after death and it’s usually created as part of a will.
A living trust goes into effect immediately.
Which one should you pick?
It all depends on what will fit YOUR plans.
Send us a message or call anytime if you want to learn more about either of these.
William Wombacher, your Central Illinois Certified Elder Law Attorney (CELA) and Social Security Disability Specialist. I’ll help you! Call me at 309-674-8125, visit at www.wombacherlaw.com
Serving Peoria, East Peoria, Peoria Heights, Pekin, Dunlap, Chillicothe, Morton, Washington, Metamora, Canton, Galesburg, Lacon, Henry, Bloomington, Normal and surrounding cites and counties of Peoria, Tazewell, Woodford, Fulton and Knox Counties in Central Illinois.