Originally Posted by
FL370esq
Nope...not even close.
Living will states your desires regarding medical treatment/life extending measures when you are unable to express such wishes (i.e., you are in a coma, do you want feeding tubes?)
A living (inter vivos) trust is a vehicle for holding assets and, more importantly for many, transferring those assets outside of probate.
Gotcha, thanks. I'd never heard of a living will, at least not under its proper name, seems like a necessity.
It was suggested to me that a conventional will is only so effective, and a trust is a much better thing to have pertaining to money, but that they're much more expensive. Not surprised a trust isn't covered for free if that's indeed the case, wonder if they'd give a good rate on one?