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What Is a Revocable Living Trust?

A Revocable Living Trust, also known as the Family trust or the Living trust is a legal document that holds ownership to your properties and assets. It is a written agreement that gives someone the responsibility to manage properties for the benefit of others. In order for the revocable trust to...

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What Is a Simple Trust?

A trust is a means of transferring property—whether it is tangible or intangible— or funds from one party to another. There are different forms of a trust, one such form is a simple trust. A Simple trust is an expression used only within the jurisdiction of the United States of America. However,...

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What Is a Revocable Trust?

A trust is a means of transferring property—whether it is tangible or intangible— or funds from one party to another. A revocable trust, which is also known as a living revocable trust, is one that can be changed or revoked by the grantor of the trust. There are 3 individuals or entities involved...

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What Is an Inter Vivos Trust?

A trust is a means of transferring property—whether it is tangible or intangible— or funds from one party to another. An inter vivos trust, which is also known as a living revocable trust, is one that can be changed or revoked by the grantor of the trust during his or her lifetime. There are 3...

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What Are Charitable Trusts?

A trust is a means of transferring property—whether it is tangible or intangible— or funds from one party to another. It is a legal tool that allows transition of ownership through a third party, who manages the estate until such time that the original owner wishes to pass on the property...

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Who Is a Successor Trustee?

A successor trustee is someone assigned to manage and take care of one's assets after they are no longer able to do so (most commonly due to death or serious illness).

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What Are Trust Assets?

A trust is a means of transferring property—whether it is tangible or intangible— or funds from one party to another. It is a legal tool that allows transition of ownership through a third party, who manages the estate until such time that the original owner wishes to pass on the property...

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What Is a Trust Agreement?

A trust is a means of transferring property—whether it is tangible or intangible— or funds from one party to another. It is a legal tool that allows transition of ownership through a third party, who manages the estate until such time that the original owner wishes to pass on the property...

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What Is a Trust?

A trust is a means of transferring property—whether it is tangible or intangible— or funds from one party to another. It is a legal tool that allows transition of ownership through a third party, who manages the estate until such time that the original owner wishes to pass on the property to another...

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What Is a Special Needs Trust?

A special needs trust is a legal document that aims to benefit people with disabilities. This is created to ensure that beneficiaries with mental and physical disabilities continue to enjoy the property given to them as an inheritance or gift. Also called a supplemental needs trust, this document...