Living Trust
My home is my only big asset,we have a living will should we also get a living trust. We are both 79 yrs old.
Terry Says
They are completely different things. Please watch this video I made to explain how a Revocable Living Trust works:
https://www.terrysavage.com/wp-content/uploads/2022/10/Terry-Talks-Wills-Trusts-Estate-Planning.mp4
You should speak to an estate planning attorney to at least make some provisions for your assets if one or both of you dies, or becomes incapacitated.