Thomas Barwick / Getty Images An inter-vivos trust, or a living trust, enables a trustee to manage the trust's assets while the person who created the trust (the trustor) is still alive.

When it comes to planning your estate, knowing the differences between living and revocable trusts is important. Both options ...

Having a living trust in place ensures that your trustee will distribute your assets as you specified in the trust and in the best interests of your beneficiaries. “Living trusts are a very ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.

There are two basic types of trusts: living trusts and testamentary trusts. A living trust or an "inter-vivos" trust is set up during the person's lifetime. A Testamentary trust is set up in a ...

For our purposes, the UTC provides a definition for ... for the modification of a trust by the trustee and beneficiaries, subject to the settlor’s consent, if living, without court approval.

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

A primary benefit of the living trust is that it avoids a conservatorship. If you have only a will, own substantial assets and become unable to manage your property, it may be necessary to conduct an ...

Many of our clients choose to set up revocable living trusts as part of their estate plan, often with the primary goal of ...

Living trusts help you avoid the probate process, which can be time-consuming and expensive Unlike a will, a living trust is not a part of the public record. If you set up a living trust ...

A living trust is a legal document that allows you to place your assets into a trust during your lifetime. These assets are then managed by a trustee - either yourself or a designated individual ...