3. The World Series has only been canceled twice. Since 1903, only two years have gone by without a World Series. Interestingly enough, neither of these years came during World War II, during which the best players from many teams fought overseas.
This type of Trust is not activated until after your death. After the assets that you have identified for the Trust go through probate they are held in the Trust for your Beneficiaries. You can revoke or change a Testamentary Trust while you are alive.
On the other hand, a will is a written legal document with a plan of distribution of your assets upon your death. Your executor, as named in the will, oversees this process, and notably, nothing in your will takes effect until after you die. 1. A Living Trust Avoids Probate.One of the first benefits of a living trust is that it avoids probate. With a valid will, your estate will go through probate, the court proceedings through which your assets are distributed according to your wishes by the executor.s a living trust is not made public, upon your death, your estate will be distributed in private. A will, on the hand, is public record and so all transactions will be public as well. Another difference is the handling of out-of-state property you own upon your death.