Trusts                                                                    Wills

•Private ............................................................... •Public
•Flexible ............................................................. •Less Flexibility
•Avoid Probate Costs ................................................... •Subject to Probate Costs
•Potential to Avoid Estate Taxes ...................... •Less Potential to Avoid Estate Taxes
•Protect Assets from Creditors After Death .......... •Assets Subject to Creditors at Death
•Distribution of Assets Upon Death .................. •Delayed Distribution
•Greater Cost to Create ..................................... •Greater Cost at Death
•Less Court Oversight Protection .....................Greater Court Oversight Protection