One might see references to a trust in publications or on television. This begs the question “What is a trust?” Merriam-Webster defines a trust as “property interest held by one person for the benefit ...

While both types of trusts have similar benefits like avoiding probate and reducing tax burdens, these trusts have nuances that must be seriously considered, as these can impact investors’ financial ...

Revocable trusts can go by other names like living trusts, inter vivos trusts or even “loving” trusts, but their purpose is the same: to address the problems that traditional last wills and testaments ...

Revocable living trusts are often the core estate planning vehicle for the basic estate plan. Generally, revocable living trusts are touted as an incredibly versatile estate planning tool, which ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

When planning for the future, many people use trusts as a way to manage their assets, avoid probate, and protect their loved ones. But not all trusts are created equally. Determining which estate ...

What Are Revocable Living Trusts? Revocable living trusts are legal entities created to hold and manage assets on behalf of the person who establishes the trust, known as the grantor. As the name ...

Revocable trusts allow asset control during a grantor's life and avoid probate after death. Assets in revocable trusts can generate income for the grantor until they pass away. Setting up a revocable ...

Think a will is enough? Think again. Estate attorney Pam Garrett explains why a revocable living trust can save your family from years in court and thousands in legal fees. In under three minutes, ...