The Law Firm Of Myrna Serrano Setty, P.A
The Law Firm Of Myrna Serrano Setty, P.A

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What Is The Difference Between A Living Will And A Living Trust?

What Is The Difference Between A Living Will And A Living Trust?

A Living Will Details The Health Care That You Want If You End Up On Life Support

A living will, also called a health care directive, gives you the power to take control over what medical treatment you do or don’t want administered, in the event that you become unconscious or incapacitated.

To learn more about health care directives, watch this short video.

A Living Trust (also known as a revocable living trust) is created during an individual’s lifetime where a designated person, the trustee, is given responsibility for managing that individual’s assets for the benefit of the eventual beneficiary.

A trust is a legal document that you create during your lifetime. Just like a will, a trust spells out your wishes with regard to your assets, your dependents, and your heirs. A trust can bypass the costly and time-consuming process of probate. This lets your successor trustee (who fills basically the same role as an executor of a will) to carry out your instructions as documented in your trust at your death. Your successor trustee also steps in if you’re unable to manage your financial, healthcare, and legal affairs due to incapacity.

How do you know if you need a will or a trust?

Call us at (813) 686-7175 for a free 15 minute consultation. Click here to schedule it.

Myrna Serrano Setty, Esq.

Attorney Myrna Serrano Setty is a compassionate Florida attorney with extensive experience helping Tampa and Wesley Chapel families complete their estate planning. All too often, estate planning law lacks the human touch and voice to make it accessible to everyday families, which Attorney Myrna Serrano Setty is doing her best to remedy by empowering them through her writing.

Connect with The Law Firm Of Myrna Serrano Setty, P.A. for helpful insights and clear analysis of Florida estate planning laws to ensure your legacy and wishes will be protected.

Call Us Now To Get Your Case Reviewed (813) 686-7175

Myrna Serrano Setty, Esq.

You don’t have to handle probate and settlement on your own.
Let The Law Firm of Myrna Serrano Setty, P.A. step in and
take the burden of executorship off your shoulders. Call Us Now -
(813) 686-7175

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