{"id":48097,"date":"2018-11-20T20:02:01","date_gmt":"2018-11-20T20:02:01","guid":{"rendered":"http:\/\/caseylawgroup.com\/?page_id=48097"},"modified":"2020-03-13T14:42:17","modified_gmt":"2020-03-13T19:42:17","slug":"what-is-the-difference-between-having-a-will-and-family-wealth-trust","status":"publish","type":"page","link":"https:\/\/caseylawgroup.com\/video-links\/what-is-the-difference-between-having-a-will-and-family-wealth-trust\/","title":{"rendered":"What is the difference between having a will and family wealth trust?"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;3.22&#8243; background_color=&#8221;rgba(249,249,249,0)&#8221; background_image=&#8221;https:\/\/caseylawgroup.com\/wp-content\/uploads\/2018\/12\/iStock-912466964-min-1-min-1.jpg&#8221; background_blend=&#8221;overlay&#8221; custom_padding=&#8221;54px|0px|70px|0px|false|false&#8221; border_width_top=&#8221;5px&#8221; border_color_top=&#8221;#025932&#8243; border_width_bottom=&#8221;5px&#8221; border_color_bottom=&#8221;#d6a345&#8243; saved_tabs=&#8221;all&#8221;][et_pb_row _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;0|0px|0|0px|false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.27.4&#8243; text_font=&#8221;||||||||&#8221; header_font=&#8221;|600|||||||&#8221; header_text_color=&#8221;#ffffff&#8221; module_alignment=&#8221;center&#8221;]<\/p>\n<h1 style=\"text-align: center;\">Video FAQs<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.22&#8243; custom_padding=&#8221;35px|0px|35px|0px|true|false&#8221;][et_pb_row column_structure=&#8221;2_3,1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;0|0px|37.2969px|0px|false|false&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.27.4&#8243;]<\/p>\n<h2><strong>Wealth Transfer Planning<br \/> <\/strong><\/h2>\n<h4>What is the difference between having a will and a family wealth trust?<\/h4>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.0.6&#8243;]<\/p>\n<p style=\"text-align: center;\"><div class=\"lyte-wrapper fourthree\" style=\"width:420px;max-width:100%;margin:5px auto;\"><div class=\"lyMe\" id=\"WYL_AIDHFgxiFo4\"><div id=\"lyte_AIDHFgxiFo4\" data-src=\"\/\/i.ytimg.com\/vi\/AIDHFgxiFo4\/hqdefault.jpg\" class=\"pL\"><div class=\"tC\"><div class=\"tT\"><\/div><\/div><div class=\"play\"><\/div><div class=\"ctrl\"><div class=\"Lctrl\"><\/div><div class=\"Rctrl\"><\/div><\/div><\/div><noscript><a href=\"https:\/\/youtu.be\/AIDHFgxiFo4\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i.ytimg.com\/vi\/AIDHFgxiFo4\/0.jpg\" alt=\"\" width=\"420\" height=\"295\" \/><br \/>Watch this video on YouTube<\/a><\/noscript><\/div><\/div><div class=\"lL\" style=\"max-width:100%;width:420px;margin:5px auto;\"><\/div><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;3.27.4&#8243;]The answer to that question is literally the difference between what is a will and what is a trust. A will is a set of instruction that comes into effect immediately upon the death of the testator. It instructs as to who&#8217;s to receive what when the testator dies. A family wealth trust on the other hand, passes along family values, family aspirations, family goals in addition to the money, and is generally intended to pass those things along for generations to come.<br \/>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.27.4&#8243; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;||||||||&#8221;]<\/p>\n<h2 style=\"border-bottom: 4px solid #ac7f3f; text-align: center;\">Video Library<\/h2>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;\/asset-protection-law&#8221; button_text=&#8221;Asset Protection Law&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;3.19&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;18px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#105e16&#8243; button_font=&#8221;||||||||&#8221; custom_css_main_element=&#8221;width: 100%;&#8221; 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