Wills And Living Wills

Will: At common law, a will or testament is a document whereby one person (the testator) regulates the rights of others over his property or family after death.

A living will, also called the will to live, the health advance directive or advance directive for health care is a special type of proxy or proxy for health care or advance directive. It is a legal instrument which is generally known or notarized. These documents state:
That the principal is appointing an individual to guide their health care should be the main unable to do so.
The specific guidelines regarding the duration of treatment that should be taken by caregivers

The trusts are used when you want to control how your property is used to benefit your family or to other recipients. They are used for multiple purposes, such as:
To obtain certain tax benefits.
To avoid probate and publicity for your estate.
To provide for the young or disabled beneficiaries.
To preserve the family assets by protecting them against the creditors of a beneficiary spouse or divorce.

Living Trust: A trust exists when a person (often called the grantor or settlor) gives ownership to another person (called a trustee) to hold and manage one or more other persons (called beneficiaries). Although no law or regulation defines the term "living trust", it usually describes a confidence that the donor may amend (change) or to revoke (cancel) during his life. By the terms of the living trust The supplier retains all the benefits of any property vested in it for the rest of his life.

Simplefied version:

Wills and trusts go into effect until the person dies.

Living wills and living trusts come into force if you are incapaictated or unable to make decisions for yourself.

A desire to have your property after your death. A living will, also called a healthcare proxy, allows a person to make medical decisions of care for you after you become incapacitated. You can also specify what you want to happen in certain situations, like being resuscitated or put on a respirator.

A trust is a legal entity that can possess money or other assets. Unfortunately, many forms trusts, but forget to put something in it.

A trust consists of life while you are alive. It can be revocable or irrevocable.

A testamentary trust is established by your will after your death.

The difference between a will and living will is a will and told people what your assets. A living will is to tell people what to do with you if you fall into a vegetative state (ie - Terri Schiavo)
Sorry, but I do not know the difference between the other two.

The price of the lawyer.