Living Trusts

A living trust can ensure that your family members avoid estate taxes and can allow you to retain maximum control of your assets. Although most people creating a living trust have their documents drawn up by attorneys, it is possible to create a valid living trust on the Internet. more »

A trust is an arrangement that allows for an individual to have legal title for someone else's property. Often trusts are created to manage assets for minor children or to provide for a spouse after death. A living trust is simply a trust created while an individual is still alive. more »

A living trust is a legal document that can serve several different purposes. A living trust can be used to grant property rights to heirs and to reassign such property over time. It can also be used to allow the family or friends of an incapacitated individual to assume control over that person's interests or to avoid traditional... more »

Family trusts may be either revocable or irrevocable. This designation is established when the trust is created. Revocable trust can be terminated at any time at the request of the grantor, or the person who creates the trust. Irrevocable trusts can terminated as well, but require both the grantor and beneficiaries to agree to the... more »

Most trusts are private express trusts, meaning they are made through a legal document and are not a matter of public record. The person who creates a trust is called a settlor or grantor. The settlor transfers assets to a trustee who manages them on behalf of certain beneficiaries according to the terms of the trust document. A... more »