The Difference between a Will and a Trust
A trust is a legal relationship between three parties, the trustor, beneficiary and trustee. The trustor is the person who drafts the trust. The beneficiary is the person who benefits from the assets held in trust. The trustee is the fiduciary who administers the trusts. A trust is usually drafted during the lifetime of the trustor or by will upon death of the trustor. In order to learn more about drafting a valid will or trust in California you should consult with an experienced Los Angeles estate litigation attorney to learn more about drafting your will.