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Living Trust<br>Related Legal Information  

Living Trust
Related Legal Information

To better understand the issues relating to your legal situation or problem, our legal information and other law related facts may be of interest to you

 
 

Living trust.


A trust is an arrangement under which one person, called a Trustee, holds Legal title to Property for another person, called a beneficiary. You can be the Trustee of your own Living Trust, keeping full control over all Property held in trust.
 
A "Living Trust" (also called an "inter vivo" trust by Lawyers who can't give up Latin) is simply a trust you create while you're alive, rather than one that is created at your death under the terms of your will.
 
Different kinds of Living Trusts can help you avoid Probate, reduce estate taxes or set up long-term Property management.
 
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