What Is the Difference Between a Will and a Trust for New Parents? | NC

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Q: What is the difference between a will and a trust for new parents? A: A will controls property that goes through probate after death. It is also the usual place for a parent to recommend who should serve as guardian for a minor child. The court gives that recommendation serious weight, but the court still looks at the child’s best interest. A trust is different. A trust can hold and manage…