Episode 58

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Published on:

9th Jul 2025

Wills vs. Trust: What's the Real Difference?

Episode 58 – Will vs. Trust: What’s the Real Difference?

Host: Sidney Wheelan, Wheelan Law Firm (Moberly & Carrollton, MO)

Episode Summary:

Ever wonder whether you need a Will, a Trust, or both? You're not alone—and this episode is here to clear things up. Estate planning can feel overwhelming, but we're breaking it down into plain English.

Sidney walks you through the differences, pros, and cons of Wills vs. Trusts, including when each makes sense and why the right plan brings peace of mind—not just paperwork.

In This Episode, You’ll Learn:

  • What a Will actually does—and why it doesn't avoid probate
  • How a Revocable Living Trust works, and what makes it powerful
  • A side-by-side comparison of key features (privacy, cost, probate, and more)
  • Real-life reasons why some people need one, the other—or both
  • Why your estate plan is a gift, not just a formality

Resources & Links:

  • Schedule your consultation: www.wheelanlaw.com
  • Learn more about estate planning with our previous episodes

Final Sip: ☕

Peace of mind doesn’t come from guessing—it comes from planning. Whether your estate is simple or complex, knowing the right tools to protect your loved ones makes all the difference.

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Until next time, grab your favorite latte, hold your loved ones tight, and have a great week! ☕

WheelanLaw.com



This podcast episode contains general information for discussion purposes only. Each case is different and must be judged on its own merits. Missouri rules generally prohibit lawyers from advertising that they specialize in particular areas of the law.  This article should not be construed to suggest such specialization. Nothing on this site should be taken as legal advice for any individual case or situation.  This information is not intended to create an attorney-client relationship, and the listening or viewing of this podcast does not constitute an attorney-client relationship.  The choice of a lawyer is an important decision and should not be based solely upon advertisements.

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About the Podcast

Law Days & Lattes
Welcome to Law Days & Lattes, a unique blend of law, business, and a warm cup of wisdom. Your host, Sidney Wheelan, is not just an attorney but also a real estate investor and entrepreneur. This podcast is your one-stop source for legal insights, business strategies, and so much more.

Whether you’re a seasoned professional, an ambitious entrepreneur, or someone seeking guidance, Law Days & Lattes is the podcast for you. We aim to empower our listeners with valuable business strategies and insights into navigating the legal landscape.

But we’re not just about law and business. We believe in living a well-rounded life, so we’ll also touch on topics related to lifestyle, finance, health, fitness, and travel. After all, a well-lived life encompasses so much more. Join us on this journey as we explore the various facets of life over a warm cup of wisdom.

www.wheelanlaw.com

About your host

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Sidney Wheelan

Sidney is a seasoned lawyer with over 25 years of experience in the field of law. Throughout her extensive career, she has worked with a wide range of clients, from individuals to businesses, providing them with high-quality legal representation and counsel. Her exceptional legal skills and dedication to her clients have earned her a reputation as a skilled negotiator and litigator.​​

In 2016, Sidney decided to take her career to the next level by opening her own practice, Wheelan Law -- specializing in personal injury, estate planning and business law. However, she understands that all cases are unique and focuses on providing personalized legal services tailored to her clients' specific needs.

​Recently, Sidney embarked on a new endeavor to renovate the vacant Merrell University building in the historic downtown area of Moberly, MO. The commercial space is now home to Wheelan Law and an assortment of other local businesses.

Sidney is known for her compassionate and client-focused approach to law. Her expertise, professionalism, and dedication to her clients have made her a highly sought-after lawyer in Mid-Missouri.