A will is a document that determines which parties will receive your assets and property once you pass away. A will may also contain guardianship provisions for the caring of your minor children. On the other hand, a trust appoints a trustee to take and hold title to your assets and distribute them to a beneficiary. Assets and property that appear in your last will and testament will necessarily go through probate. However, any property you place in a trust will avoid probate proceedings upon your death, meaning the beneficiary will immediately begin receiving their distributions. Both wills and trusts are effective tools for estate planning purposes and should be explored when planning your future and the future of your family.