Living Trusts
A living
trust is basically an arrangement whereby property is transferred
with the intention that it be administered by a trustee for another's
benefit. The person whom the living trust is intended to benefit is called
the beneficiary. A trust can be created for any purpose that is not illegal
or against public policy. An attorney knowledgeable in estate law can
discuss with you various types and purposes of trusts.
Learn
the meanings of terms used in regards to living
trusts, estate planning, last will and testament,
and more.
Who controls the property in a living trust?
How do you transfer your property to a trust?
Do you need a living will if you have a living
trust?
