5 MONTHS AGO • 1 MIN READ

Trusts are the New Wills

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Leave a Legacy for your Children's Children.

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"Blank is the new blank" is a flexible, idiomatic phrasal template used to describe a cultural shift where one trend, concept, or lifestyle (the new) replaces another (the old). It acts as a concise way to compare, define, and make observations on changing norms in fashion, technology or community lifestyle. For example, vegetarianism is the new black, or remote work is the new office. In my case as a Personal Family Lawyer, trusts are the new wills.

Living trusts are increasingly favored over wills because they avoid the costly, public, and slow court-supervised probate process, offering immediate, private, and customizable asset management. Unlike a will, which only acts after death, a trust operates during your lifetime, including managing assets during incapacity, and provides tighter control over distributions.

Wills remain crucial, enduring legal documents that work in conjunction with trusts, but trusts are the new wills if you know what I mean. Schedule a discovery call on my website to learn more.

Leave a Legacy for your Children's Children.

Subscribe to learn about the importance of estate planning and begin your Life & Legacy journey.