A living trust is a legal document you set up while you’re alive to ensure that the assets you put in the trust, such as real estate, stock and bond holdings, CDs, and jewelry, are distributed ...
There are two basic types of trusts: living trusts and testamentary trusts. A living trust or an "inter-vivos" trust is set up during the person's lifetime. A Testamentary trust is set up in a ...
It's also important to avoid unnecessary legal hurdles. There are several ways to leave an inheritance, including a living trust. Although a living trust is not the ideal route for everyone ...
California living trust laws govern how residents can create and manage trusts to hold their assets, potentially bypassing probate—a court-supervised process for transferring property after death.
A revocable trust and living trust are separate terms that describe the same thing: a trust in which the terms can be changed at any time. An irrevocable trust describes a trust that cannot be ...
A revocable living trust is an instrument created for the purpose of protecting your assets during your lifetime. It also creates an avenue to pass your assets with ease after your death.