One main difference between a will and a trust is that a will goes into effect only after your death, while a trust takes effect as soon as you create it. You can continue to maintain control over your trust as “Trustee” while you are living –a Living Trust. A trust can be used to begin distributing property before or after death. Upon your death, a successor trustee, named in your trust takes over to administer your trust for your named beneficiaries.
A will directs who will receive your property at your death and it appoints a legal representative called a personal representative to carry out the terms of your will.