Jean and Soledad, along with Edelman Financial Engines wealth planner Jason Cowans, discuss why a living trust could be a good option for preparing for future health-care costs and how it differs from a will. Listen in as they discuss who living trusts are best suited for, if you still need a will if you have a trust and how a planner can help.

Neither Edelman Financial Engines, a division of Financial Engines Advisors L.L.C., nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances.

See omnystudio.com/listener for privacy information.