Legal Question in Wills and Trusts in Virginia
Living Will vs Living Trust
What is the difference between a Living Will and a Living Trust?
Asked on 7/06/99, 4:30 pm
1 Answer from Attorneys
Robert B. Walker
Law Office of Robert B. Walker
Re: Living Will vs Living Trust
A living will is better called "advance directive" and provides information to others as to what medical treatment you want or don't want in the event you become unable to communicate your wishes. It is often combined with a health care power of attorney to name someone to make health care decisions and arrangements for you. A living trust is simply a trust created while you are alive rather than in your will; they can be either revocable or irrevocable.
Answered on 7/11/99, 2:09 pm