Lipomas are benign subcutaneous tumors made of fat cells, usually painless, and most commonly found on the chest, neck, arms, and back. Their exact causes are unclear, but they can arise from factors like minor injuries or inherited conditions, and diagnosis is often visual, with treatment typically involving removal only if requested or necessary. In contrast, liposarcoma is a rare malignant tumor that resembles fat tissue, generally occurring in adults and requiring more complex management, including surgery and potentially radiation or chemotherapy.