A Revocable Living Trust is simply a Trust created while a person is still alive (aka “inter-vivos” trust) versus one created in the person’s Will. They are created to allow for management of a person’s assets during their lives and avoiding probate after death. During the person’s lifetime these … [Read more...]
Think You Know About Trusts? Take Our Quiz
Test your knowledge of trusts by answering True or False. (Answers below - no peeking!) 1. If you have a living trust, you do not need to have a Will. 2. A living trust always reduces taxes. 3. A living trust is cheaper than a will. 4. A revocable living trust will protect my … [Read more...]
