WILLS & TRUSTS · MARYVILLE, TENNESSEE

Wills vs. Trusts: Which Is Right for You?

Deciding between a Will and a Trust is one of the most important choices in estate planning. We help you choose the right path for your family.

Wills vs. Trusts: What's the Difference?

Understanding the key differences helps you make the right decision for your family and your estate.

Takes Effect at Death
Becomes active only after you pass away.
Court Filing & Probate
Must be filed with the court after death — requiring full probate or a shortened administrative procedure depending on the estate's assets.
Public Record
Once filed in court, the document and asset details become public record.
Limited Distribution Control
Distributes assets in one lump sum once settled. Outright distributions to minor children cannot be held long-term in the Will and must follow the Tennessee Uniform Transfers to Minors Act (TUTMA).
Guardian Designations
Allows you to legally name guardians for minor children.

Effective Immediately
Takes effect as soon as it is signed and funded.
Avoids Probate
Passes assets directly to loved ones without court intervention, delays, or fees.
100% Private
Keeps your financial details and distribution instructions completely off public record.
Custom Control Over Inheritance
Allows you to structure exact timing and rules for when children or beneficiaries receive their inheritance (e.g., specific ages, milestone payouts, or ongoing protection).
Avoids Multi-State Probate
Prevents costly probate proceedings in multiple states if you own real estate outside of Tennessee.

Schedule your free consultation with Nicole today — serving Maryville, Knoxville, and families across East Tennessee.