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A Will is a legally enforceable document that comprises the wishes of the testator (writer) for the distribution of the assets post his/her death.
The absence of WILLleads to disputes between legal heirs thus increasing time and cost.
A Trust is a type of fiduciary relationship in which a party, known as the trustor, gives the other party, the trustee, a right to hold title in property or assets for the benefit of another third party, who is the ultimate ‘beneficiary’.