What is the difference between a living will and a living trust?

Although the two terms are similar, they refer to very different estate planning tools. A living will allows a person to state end-of-life medical care preferences and to name a person who act on their behalf if they are no longer able to speak for themselves. A living will in Utah is normally included as part of an advance health care directive. A living trust is created during your lifetime and can be used both to hold and manage assets during your lifetime and to manage and distribute assets to others after your death.