Estate Plan Levels
Simple Will
A Simple Will is the most straightforward way to document your wishes. It names who inherits your assets, appoints an executor, and designates guardians for minor children. For many families, it provides a clear and reliable foundation without unnecessary complexity.
Complex Will
A Complex Will includes everything in a Simple Will but also adds testamentary trusts, which only take effect after death. These trusts can protect young or special-needs beneficiaries, provide creditor and divorce protection, and give you greater control over how and when inheritances are used. It’s the right choice when your family would benefit from ongoing management or safeguards beyond a simple transfer of assets.
Revocable Living Trust
A Revocable Living Trust is established and managed while you’re alive, giving you control and flexibility throughout your lifetime. It ensures that your affairs are handled smoothly if you become incapacitated and allows your estate to pass to your loved ones privately and efficiently, without probate. This option is especially helpful for families who want to simplify administration and avoid the delays of the court process.
At a Glance
A Simple Will covers the basics—naming heirs, guardians, and an executor. A Complex Will adds testamentary trusts for families who need extra protection, control, or planning flexibility. A Revocable Living Trust goes further by avoiding probate altogether and providing ongoing management during your lifetime and beyond.