The Oregon State Bar describes a will as a set of instructions that explains how you want your property distributed after your death.
There are many formalities, some formalities are required and other formalities are recommended, all of these formalities make up a will.
For example, in Oregon, a required formality requires that your will must be in writing and must be signed by you and two witnesses. It is very important that all formalities in a will be closely reviewed by your attorney. Our firm will go through your specific concerns, assets, and questions to create your will.
On the other hand, a trust is another legal document that can be used in estate planning that can work together with a will or as a separate legal document. Both the will and generally the trust, can be modified or changed at any time as long as the person is of sound mind.