A Living Trust is a document that helps with more advanced estate planning. There are many things that can be done with a trust and many different kinds of trusts. A Trusts is different from Will in part because it is effective immediately after it is created unlike a Will which only takes effect upon your death. Trusts are helpful in avoiding probate (and keeping your wishes private) and in making sure that your assets are managed according to your wishes, both during and after your life.