WILLS
Activated upon Death
Subject to probate

• Distributes Assets
• Specifies Guardianships
• Creates Trust

TRUSTS
Activated before
or After Death
Avoids Probate

• Tax Benefits
• Revocable or Irrevocable
• Names Trustee

LIVING WILL
Activated upon Incapacitation

• Doesn't deal with Assets
• Specifies Health Care wishes

Corvo & Calas ● 14750 NW 77th Court ● Suite 300 ● Miami Lakes, Florida 33016