A Will is a legal document that allows you to distribute your property to those you choose. A Will also allows you to designate beneficiaries to receive specific items from your estate.
Probate is the legal process in which the court supervises the executor in the administration of your estate. The executor gathers your assets, pays your debts, taxes, and the expenses of administering your Will, and then distributes the remaining assets to your beneficiaries. Once your Will is filed, it becomes a public document and can be viewed by anyone who desires to view it.
A Revocable Living Trust is an agreement that determines how your assets are to be managed and distributed during your lifetime, as well as upon your death. A Revocable Living Trust also allows your assets to pass to your beneficiaries without going through the probate process. It is not subject to probate and, therefore, all provisions of the Trust can remain private.
A Power of Attorney is a document that allows you to appoint a person or organization to handle your affairs if you are unable to do so.
A Living Will is a written document that declares your wishes regarding life-support or other medical treatment in certain circumstances, usually when your recovery from an illness is uncertain.